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The Value of Urgency: Evidence from Real-Time Congestion Pricing

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NBER2020-04-01 更新2025-01-04 收录
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Taking advantage of repeated appearances of drivers in Los Angeless ExpressLanes under varied traffic conditions, we uncover the distribution of individuals preferences for time savings in a novel application of a hedonic pricing model. In this setting, we introduce the concept of the value of

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2020-04-01
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