Posts Tagged ‘traffic’

  • Our Transportation Infrastructure is Crumbling

    Time or Tolls?

    Jan 8, 12 • 100 Views • Behavioral Economics, Economic Debates, Government, Households, Thinking EconomicallyNo Comments

    The tolls on New Jersey’s major north/south toll road are up 53%. The response? Some drivers took a cheaper route. The catch? Time wise, it was more expensive. Confirmed (unscientifically) by 1 reporter who took the turnpike and the other, the free...

  • 16459_5.24_000000412170XSmall

    Driving Costs

    Jun 28, 11 • 120 Views • Behavioral Economics, Demand, Supply, and Markets, Economic Debates, Environment, RegulationNo Comments

    Describing traffic policy in several European cities, the NY Times tells of poorly synchronized green lights, congestion pricing, auto-free zones. When drivers are inconvenienced, there are fewer cars, fewer emissions, happier pedestrians and bikers. One...