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- W3123096952 abstract "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." @default.
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- W3123096952 date "2012-01-01" @default.
- W3123096952 modified "2023-09-25" @default.
- W3123096952 title "Dynamic Congestion and Urban Equilibrium" @default.
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