MARKETS AND EFFICIENT RESOURCE ALLOCATION IN URBAN AREAS. IN: THE AUTOMOBILE

Presented is a model that makes it possible to analyze the efficiency of market resource allocation in urban areas. The purpose of the model is to formulate in detail an urban model designed to shed light on what is widely believed to be one of the most important sources of inefficiency in urban areas: improper pricing and resource allocation in the urban transportation system. The model is designed to make it possible to compute, at least approximately, the loss of welfare from improper pricing and resource allocation. The paper also makes some suggestions as to how the model can be modified and generalized to study other possible reasons for inefficiency.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/isbn/1840647973
• Supplemental Notes:
  • Originally published in: Swedish Journal of Economics, 1972, 74, 100-113.
• Corporate Authors:

  Edward Elgar Publishers

  William Pratt House, 9 Dewey Court
  Northampton, MA  United States  01060-3815
• Authors:
  • Mills, E S
• Publication Date: 2003

Language

• English

Media Info

• Features: References;
• Pagination: p. 369-382
• Serial:
  • Classics in Transport Analysis
  • Volume: 7
  • Publisher: Edward Elgar Publishers

Subject/Index Terms

• TRT Terms: Linear programming; Market assessment; Pricing; Resource allocation; Urban development; Urban transportation
• Subject Areas: Highways; Planning and Forecasting; Society;

Filing Info

• Accession Number: 00965639
• Record Type: Publication
• ISBN: 1840647973
• Files: TRIS
• Created Date: Nov 5 2003 12:00AM