Posts Tagged ‘mass transit’

  • Our Transportation Infrastructure is Crumbling

    Negative Externalities: Who Causes Traffic Congestion?

    Jan 11, 13 • 1016 Views • Behavioral Economics, Demand, Supply, and Markets, Economic Debates, Households, Labor, Macroeconomic Measurement, Regulation, Thinking Economically, UncategorizedNo Comments

    Moving 5 MPH in rush hour traffic, do you ever think that you are the problem? In rush hour traffic, we create an extra 4 second delay for each car behind us. Add it all together and you get 4.8 billion hours that people wasted during 2010 in traffic. For the