This paper studies the impact of vehicle quota system on the market structure of Singapore s car distributorship industry. Using recently available data, we analyzed the populations and new registrations of different brands of passenger car and motorcycle. We found an increase in market concentration in the car distributorship industry, as the market shares of the top distributors have increase...

In a rare effort to internalize congestion costs, London recently instituted charges for traveling by car to the central city during peak hours. Although the theoretical influence on the number and severity of traffic accidents is ambiguous, we show that the policy generated a substantial reduction in both accidents and fatalities in the charged area and hours. At the same time, the spatial, te...

Using techniques from evolutionary game theory, we analyze potential games with continuous player sets, a class of games which includes a general model of network congestion as a special case. We concisely characterize both the complete set of Nash equilibria and the set of equilibria which are robust against small disturbances of aggregate behavior. We provide a strong evolutionary justificati...

The gene for the amylosucrase from Neisseria polysaccharea (ATCC 43768) was cloned by use of a functional expression system in Escherichia coli XL1-Blue. The deduced amino acid sequence of the protein has homology to the sequences of the a-amylase class of enzymes, with the highest similarities being found to the sequences of the trehalose synthase from Pimelobacter sp. strain R48 (17) and amyl...

Considerable attention has been given to the efficiency-equity dilemma in explaining the territorial allocation of investment. However, centralization policies that seek to introduce or reinforce territorial hierarchies have yet to be subject to empirical analysis. Drawing on data from Spain, we show that investment in network modes is influenced by strategies of directing funding to the region...

The leading economic explanation for tipping –that is, explanation why the practice is socially beneficial, not why individuals leave tips even though it is not narrowly advantageous to them– is that it confers an incentive to provide personal services. This fits many instances in which tipping is common but does not fit the taxicab business very well. We propose two novel explanations of tippi...

Mexico City’s bus rapid transit (BRT) network, Metrobus, was introduced in an attempt to reduce congestion, increase city transport efficiency and cut air polluting emissions. In June 2005, the first BRT line in the metropolitan area began service. We use differences-indifferences and quantile regression techniques in undertaking the first quantitative policy impact assessment of the BRT system...

The gene for the amylosucrase from Neisseria polysaccharea (ATCC 43768) was cloned by use of a functional expression system in Escherichia coli XL1-Blue. The deduced amino acid sequence of the protein has homology to the sequences of the alpha-amylase class of enzymes, with the highest similarities being found to the sequences of the trehalose synthase from Pimelobacter sp. strain R48 (17) and ...

In April 2009 the US government unveiled its blueprint for a national network of high-speed passenger rail (HSR) lines aimed at reducing traffic congestion, cutting national dependence on foreign oil and improving rural and urban environments. In implementing such a program, it is essential to identify the factors that might influence decision making and the eventual success of the HSR project,...

This paper analyses the efficiency and distributional impacts of congestion pricing, in the bottleneck model, with continuous heterogeneity in the value of time and schedule delay. The welfare gain of a time-variant toll decreases with the heterogeneity in the value of time, because the marginal external costs from congestion decrease. This welfare gain increases with heterogeneity in the value...