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| Author: | |
| Title: | Information policy in road transport with elastic demand: Some welfare economic considerations |
| Journal: | European Economic Review
1998 : JAN, VOL. 42:1, p . 71-95 |
| Index terms: | WELFARE ECONOMICS ROAD TRANSPORT CONGESTION UNCERTAINTY INFORMATION |
| Language: | eng |
| Abstract: | The paper analyzes the welfare impacts of providing different types of information to a group of potential road users. Two groups of drivers are considered, informed and not-informed ones. Three kinds of information are dealt with, that is, perfect, imperfect and no information. The analysis is limited to a one and two link network and it is further assumed that the actors in the model base their decísion-making on rational expectations. |
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