Published in:Tinbergen Institute Discussion Paper 12-137/VIII
Extent:
1 Online-Ressource (30 p)
Language:
English
DOI:
10.2139/ssrn.2187253
Identifier:
Origination:
Footnote:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 7, 2012 erstellt
Description:
We consider a monocentric city where a traffic bottleneck is located at the entrance of the central business district. The commuters' choices of the departure times from home, residential location, and lot size, are all endogenous. We show that elimination of queuing time under optimal road pricing induces individuals to spend more time at home and to have larger houses, causing urban sprawl. This is opposite to the typical results of urban models with static congestion, which predict cities to become denser with road pricing