Information Provision in Road transport with Elastic Demand: A Welfare Economic Approach

Information Provision in Road transport with Elastic Demand: A Welfare Economic Approach

This paper analyses the welfare implications of information provision with random road traffic congestion. The results show that, information provision will generate positive and negative internal and external effects both to the informed and the uninformed drivers and will lead to a Pareto improvement.

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traffic Studies and Urban Congestion

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