The economics of traffic congestion/ Edited by Erik Verhoef

Contributor(s): Verhoef, Erik edMaterial type: TextTextSeries: The international library of critical writings in economics, 244Publication details: Cheltenham : Edward Elgar, 2010Description: 2v(xxiii,670p.) : ill. ; 25cmISBN: 9781847203519Subject(s): Traffic congestion -- Economic aspects | Traffic congestion -- Econometric models | Roads -- FinanceDDC classification: 330
Contents:
Contents:Volume IAcknowledgementsForeword John D. HeyIntroduction Enrica Carbone and Chris StarmerPART I INDIVIDUAL BEHAVIOUR A Endowments and Experience1. Charles R. Plott and Kathryn Zeiller (2005), `The Willingness to Pay-Willingness to Accept Gap, the "Endowment Effect," Subject Misconceptions, and Experimental Procedures for Eliciting Valuations'2. John A. List (2003), `Does Market Experience Eliminate Market Anomalies?'3. Jack L. Knetsch, Fang-Fang Tang and Richard H. Thaler (2001), `The Endowment Effect and Repeated Market Trials: Is the Vickrey Auction Demand Revealing?'4. Graham Loomes, Chris Starmer and Robert Sugden (2003), `Do Anomalies Disappear in Repeated Markets?'B Dynamic Aspects of Choice5. Robin P. Cubitt, Chris Starmer and Robert Sugden (1998), `Dynamic Choice and the Common Ratio Effect: An Experimental Investigation'6. Daniel Read (2001), `Is Time Discounting Hyperbolic or Subadditive?'7. Glenn W. Harrison, Morten I. Lau and Melonie B. Williams (2002), `Estimating Individual Discount Rates in Denmark: A Field Experiment'8. Enrica Carbone and John D. Hey (2004), `The Effect of Unemployment on Consumption: An Experimental Analysis'9. T. Parker Ballinger, Michael G. Palumbo and Nathaniel T. Wilcox (2003), `Precautionary Saving and Social Learning Across Generations: An Experiment'PART II GAMES A Cognition and Learning 10. Ido Erev and Alvin E. Roth (1998), `Predicting How People Play Games: Reinforcement Learning in Experimental Games with Unique, Mixed Strategy Equilibria'11. Colin Camerer and Teck-Hua Ho (1999), `Experience-Weighted Attraction Learning in Normal Form Games'12. Miguel Costa-Gomes, Vincent P. Crawford and Bruno Broseta (2001), `Cognition and Behavior in Normal-Form Games: An Experimental Study'13. Antoni Bosch-Domenech, Jose G. Montalvo, Rosemarie Nagel and Albert Satorra (2002), `One, Two, (Three), Infinity,...: Newspaper and Lab Beauty-Contest Experiments'14. Ken Binmore, John McCarthy, Giovanni Ponti, Larry Samuelson and Avner Shaked (2002), `A Backward Induction Experiment' B Other Regarding Preferences15. James Andreoni and John Miller (2002), `Giving According to GARP: An Experimental Test of the Consistency of Preferences for Altruism'16. Joseph Henrich, Robert Boyd, Samuel Bowles, Colin Camerer, Ernst Fehr, Herbert Gintis and Richard McElreath (2001), `In Search of Homo Economicus: Behavioral Experiments in 15 Small-Scale Societies'17. Armin Falk, Ernst Fehr and Urs Fischbacher (2003), `On the Nature of Fair Behavior'18. Kenneth Clark and Martin Sefton (2001), `The Sequential Prisoner's Dilemma: Evidence on Reciprocation'19. Klaus Abbink, Bernd Irlenbusch and Elke Renner (2000), `The Moonlighting Game: An Experimental Study on Reciprocity and Retribution'20. Ernst Fehr and Simon Gachter (2000), `Cooperation and Punishment in Public Goods Experiments'PART III MARKETSA Bubbles, Herds and Cascades21. Vivian Lei, Charles N. Noussair and Charles R. Plott (2001), `Nonspeculative Bubbles in Experimental Asset Markets: Lack of Common Knowledge of Rationality vs. Actual Irrationality'22. Markus Noeth and Martin Weber (2003), `Information Aggregation with Random Ordering: Cascades and Overconfidence'23. Bogachan Celen and Shachar Kariv (2004), `Distinguishing Informational Cascades from Herd Behavior in the Laboratory'24. Dorothea Kubler and Georg Weizsacker (2004), `Limited Depth of Reasoning and Failure of Cascade Formation in the Laboratory' B Auctions25. John H. Kagel and Dan Levin (2001), `Behavior in Multi-Unit Demand Auctions: Experiments with Uniform Price and Dynamic Vickrey Auctions'26. Ken Binmore and Paul Klemperer (2002), `The Biggest Auction Ever: The Sale of the British 3G Telecom Licences'27. Klaus Abbink, Bernd Irlenbusch, Paul Pezanis-Christou, Bettina Rockenbach, Abdolkarim Sadrieh and Reinhard Selten (2005), `An Experimental Test of Design Alternatives for the British 3G/UMTS Auction'28. Alvin E. Roth and Axel Ockenfels (2002), `Last-Minute Bidding and the Rules for Ending Second-Price Auctions: Evidence from eBay and Amazon Auctions on the Internet'29. Dan Ariely, Axel Ockenfels and Alvin E. Roth (2005), `An Experimental Analysis of Ending Rules in Internet Auctions'Name IndexVolume IIAcknowledgementsAn introduction by the editors to both volumes appears in Volume IPART I METHODOLOGY A Philosophical Perspectives1. Vernon L. Smith (2002), `Method in Experiment: Rhetoric and Reality'2. Francesco Guala (1998), `Experiments as Mediators in the Non-Laboratory Sciences'3. Francesco Guala (1999), `The Problem of External Validity (Or "Parallelism") in Experimental Economics'4. Robin Cubitt (2005), `Experiments and the Domain of Economic Theory'5. Robert Sugden (2005), `Experiments as Exhibits and Experiments as Tests'B Incentives6. Colin F. Camerer and Robin M. Hogarth (1999), `The Effects of Financial Incentives in Experiments: A Review and Capital-Labor-Production Framework'7. Daniel Read (2005), `Monetary Incentives, What Are They Good For?'8. Charles A. Holt and Susan K. Laury (2002), `Risk Aversion and Incentive Effects'9. Rafael Tenorio and Timothy N. Cason (2002), `To Spin or Not to Spin? Natural and Laboratory Experiments from The Price is Right'10. Steven J. Kachelmeier and Kristy L. Towry (2005), `The Limitations of Experimental Design: A Case Study Involving Monetary Incentive Effects in Laboratory Markets'PART II NEUROECONOMICS 11. Colin Camerer, George Loewenstein and Drazen Prelec (2005), `Neuroeconomics: How Neuroscience Can Inform Economics'12. Hans C. Breiter, Itzhak Aharon, Daniel Kahneman, Anders Dale and Peter Shizgal (2001), `Functional Imaging of Neural Responses to Expectancy and Experience of Monetary Gains and Losses'13. Kip Smith, John Dickhaut, Kevin McCabe and Jose V. Pardo (2002), `Neuronal Substrates for Choice Under Ambiguity, Risk, Gains, and Losses'14. Ming Hsu, Meghana Bhatt, Ralph Adolphs, Daniel Tranel and Colin F. Camerer (2005), `Neural Systems Responding to Degrees of Uncertainty in Human Decision-Making'15. Samuel M. McClure, David I. Laibson, George Loewenstein and Jonathan D. Cohen (2004), `Separate Neural Systems Value Immediate and Delayed Monetary Rewards'16. Kevin McCabe, Daniel Houser, Lee Ryan, Vernon Smith and Theodore Trouard (2001), `A Functional Imaging Study of Cooperation in Two-Person Reciprocal Exchange'17. Alan G. Sanfey, James K. Rilling, Jessica A. Aronson, Leigh E. Nystrom and Jonathan D. Cohen (2003), `The Neural Basis of Economic Decision-Making in the Ultimatum Game'PART III MACROECONOMICS 18. Peng Lian and Charles R. Plott (1998), `General Equilibrium, Markets, Macroeconomics and Money in a Laboratory Experimental Environment'19. Arno Riedl and Frans van Winden (2001), `Does the Wage Tax System Cause Budget Deficits? A Macro-Economic Experiment'20. John Duffy and Jack Ochs (1999), `Emergence of Money as a Medium of Exchange: An Experimental Study'21. Gabriele Camera, Charles Noussair and Steven Tucker (2003), `Rate-of-Return Dominance and Efficiency in an Experimental Economy'22. Ernst Fehr and Jean-Robert Tyran (2001), `Does Money Illusion Matter?'23. Vivian Lei and Charles N. Noussair (2002), `An Experimental Test of an Optimal Growth Model' PART IV FIELD EXPERIMENTS 24. Glenn W. Harrison and John A. List (2004), `Field Experiments'25. Michael S. Haigh and John A. List (2005), `Do Professional Traders Exhibit Myopic Loss Aversion? An Experimental Analysis'26. Werner Guth, Carsten Schmidt and Matthias Sutter (2003), `Fairness in the Mail and Opportunism in the Internet: A Newspaper Experiment on Ultimatum Bargaining'27. Bruno S. Frey and Stephan Meier (2004), `Social Comparisons and Pro-social Behavior: Testing "Conditional Cooperation" in a Field Experiment'28. Adriaan R. Soetevent (2005), `Anonymity in Giving in a Natural Context - A Field Experiment in 30 Churches'29. Richard H. Thaler and Shlomo Benartzi (2004), `Save More Tomorrow (TM): Using Behavioral Economics to Increase Employee Saving'30. Uri Gneezy and Aldo Rustichini (2004), `Gender and Competition at a Young Age'31. John A. List (2004), `The Nature and Extent of Discrimination in the Marketplace: Evidence from the Field'Name Index
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Contents:Volume IAcknowledgementsForeword John D. HeyIntroduction Enrica Carbone and Chris StarmerPART I INDIVIDUAL BEHAVIOUR A Endowments and Experience1. Charles R. Plott and Kathryn Zeiller (2005), `The Willingness to Pay-Willingness to Accept Gap, the "Endowment Effect," Subject Misconceptions, and Experimental Procedures for Eliciting Valuations'2. John A. List (2003), `Does Market Experience Eliminate Market Anomalies?'3. Jack L. Knetsch, Fang-Fang Tang and Richard H. Thaler (2001), `The Endowment Effect and Repeated Market Trials: Is the Vickrey Auction Demand Revealing?'4. Graham Loomes, Chris Starmer and Robert Sugden (2003), `Do Anomalies Disappear in Repeated Markets?'B Dynamic Aspects of Choice5. Robin P. Cubitt, Chris Starmer and Robert Sugden (1998), `Dynamic Choice and the Common Ratio Effect: An Experimental Investigation'6. Daniel Read (2001), `Is Time Discounting Hyperbolic or Subadditive?'7. Glenn W. Harrison, Morten I. Lau and Melonie B. Williams (2002), `Estimating Individual Discount Rates in Denmark: A Field Experiment'8. Enrica Carbone and John D. Hey (2004), `The Effect of Unemployment on Consumption: An Experimental Analysis'9. T. Parker Ballinger, Michael G. Palumbo and Nathaniel T. Wilcox (2003), `Precautionary Saving and Social Learning Across Generations: An Experiment'PART II GAMES A Cognition and Learning 10. Ido Erev and Alvin E. Roth (1998), `Predicting How People Play Games: Reinforcement Learning in Experimental Games with Unique, Mixed Strategy Equilibria'11. Colin Camerer and Teck-Hua Ho (1999), `Experience-Weighted Attraction Learning in Normal Form Games'12. Miguel Costa-Gomes, Vincent P. Crawford and Bruno Broseta (2001), `Cognition and Behavior in Normal-Form Games: An Experimental Study'13. Antoni Bosch-Domenech, Jose G. Montalvo, Rosemarie Nagel and Albert Satorra (2002), `One, Two, (Three), Infinity,...: Newspaper and Lab Beauty-Contest Experiments'14. Ken Binmore, John McCarthy, Giovanni Ponti, Larry Samuelson and Avner Shaked (2002), `A Backward Induction Experiment' B Other Regarding Preferences15. James Andreoni and John Miller (2002), `Giving According to GARP: An Experimental Test of the Consistency of Preferences for Altruism'16. Joseph Henrich, Robert Boyd, Samuel Bowles, Colin Camerer, Ernst Fehr, Herbert Gintis and Richard McElreath (2001), `In Search of Homo Economicus: Behavioral Experiments in 15 Small-Scale Societies'17. Armin Falk, Ernst Fehr and Urs Fischbacher (2003), `On the Nature of Fair Behavior'18. Kenneth Clark and Martin Sefton (2001), `The Sequential Prisoner's Dilemma: Evidence on Reciprocation'19. Klaus Abbink, Bernd Irlenbusch and Elke Renner (2000), `The Moonlighting Game: An Experimental Study on Reciprocity and Retribution'20. Ernst Fehr and Simon Gachter (2000), `Cooperation and Punishment in Public Goods Experiments'PART III MARKETSA Bubbles, Herds and Cascades21. Vivian Lei, Charles N. Noussair and Charles R. Plott (2001), `Nonspeculative Bubbles in Experimental Asset Markets: Lack of Common Knowledge of Rationality vs. Actual Irrationality'22. Markus Noeth and Martin Weber (2003), `Information Aggregation with Random Ordering: Cascades and Overconfidence'23. Bogachan Celen and Shachar Kariv (2004), `Distinguishing Informational Cascades from Herd Behavior in the Laboratory'24. Dorothea Kubler and Georg Weizsacker (2004), `Limited Depth of Reasoning and Failure of Cascade Formation in the Laboratory' B Auctions25. John H. Kagel and Dan Levin (2001), `Behavior in Multi-Unit Demand Auctions: Experiments with Uniform Price and Dynamic Vickrey Auctions'26. Ken Binmore and Paul Klemperer (2002), `The Biggest Auction Ever: The Sale of the British 3G Telecom Licences'27. Klaus Abbink, Bernd Irlenbusch, Paul Pezanis-Christou, Bettina Rockenbach, Abdolkarim Sadrieh and Reinhard Selten (2005), `An Experimental Test of Design Alternatives for the British 3G/UMTS Auction'28. Alvin E. Roth and Axel Ockenfels (2002), `Last-Minute Bidding and the Rules for Ending Second-Price Auctions: Evidence from eBay and Amazon Auctions on the Internet'29. Dan Ariely, Axel Ockenfels and Alvin E. Roth (2005), `An Experimental Analysis of Ending Rules in Internet Auctions'Name IndexVolume IIAcknowledgementsAn introduction by the editors to both volumes appears in Volume IPART I METHODOLOGY A Philosophical Perspectives1. Vernon L. Smith (2002), `Method in Experiment: Rhetoric and Reality'2. Francesco Guala (1998), `Experiments as Mediators in the Non-Laboratory Sciences'3. Francesco Guala (1999), `The Problem of External Validity (Or "Parallelism") in Experimental Economics'4. Robin Cubitt (2005), `Experiments and the Domain of Economic Theory'5. Robert Sugden (2005), `Experiments as Exhibits and Experiments as Tests'B Incentives6. Colin F. Camerer and Robin M. Hogarth (1999), `The Effects of Financial Incentives in Experiments: A Review and Capital-Labor-Production Framework'7. Daniel Read (2005), `Monetary Incentives, What Are They Good For?'8. Charles A. Holt and Susan K. Laury (2002), `Risk Aversion and Incentive Effects'9. Rafael Tenorio and Timothy N. Cason (2002), `To Spin or Not to Spin? Natural and Laboratory Experiments from The Price is Right'10. Steven J. Kachelmeier and Kristy L. Towry (2005), `The Limitations of Experimental Design: A Case Study Involving Monetary Incentive Effects in Laboratory Markets'PART II NEUROECONOMICS 11. Colin Camerer, George Loewenstein and Drazen Prelec (2005), `Neuroeconomics: How Neuroscience Can Inform Economics'12. Hans C. Breiter, Itzhak Aharon, Daniel Kahneman, Anders Dale and Peter Shizgal (2001), `Functional Imaging of Neural Responses to Expectancy and Experience of Monetary Gains and Losses'13. Kip Smith, John Dickhaut, Kevin McCabe and Jose V. Pardo (2002), `Neuronal Substrates for Choice Under Ambiguity, Risk, Gains, and Losses'14. Ming Hsu, Meghana Bhatt, Ralph Adolphs, Daniel Tranel and Colin F. Camerer (2005), `Neural Systems Responding to Degrees of Uncertainty in Human Decision-Making'15. Samuel M. McClure, David I. Laibson, George Loewenstein and Jonathan D. Cohen (2004), `Separate Neural Systems Value Immediate and Delayed Monetary Rewards'16. Kevin McCabe, Daniel Houser, Lee Ryan, Vernon Smith and Theodore Trouard (2001), `A Functional Imaging Study of Cooperation in Two-Person Reciprocal Exchange'17. Alan G. Sanfey, James K. Rilling, Jessica A. Aronson, Leigh E. Nystrom and Jonathan D. Cohen (2003), `The Neural Basis of Economic Decision-Making in the Ultimatum Game'PART III MACROECONOMICS 18. Peng Lian and Charles R. Plott (1998), `General Equilibrium, Markets, Macroeconomics and Money in a Laboratory Experimental Environment'19. Arno Riedl and Frans van Winden (2001), `Does the Wage Tax System Cause Budget Deficits? A Macro-Economic Experiment'20. John Duffy and Jack Ochs (1999), `Emergence of Money as a Medium of Exchange: An Experimental Study'21. Gabriele Camera, Charles Noussair and Steven Tucker (2003), `Rate-of-Return Dominance and Efficiency in an Experimental Economy'22. Ernst Fehr and Jean-Robert Tyran (2001), `Does Money Illusion Matter?'23. Vivian Lei and Charles N. Noussair (2002), `An Experimental Test of an Optimal Growth Model' PART IV FIELD EXPERIMENTS 24. Glenn W. Harrison and John A. List (2004), `Field Experiments'25. Michael S. Haigh and John A. List (2005), `Do Professional Traders Exhibit Myopic Loss Aversion? An Experimental Analysis'26. Werner Guth, Carsten Schmidt and Matthias Sutter (2003), `Fairness in the Mail and Opportunism in the Internet: A Newspaper Experiment on Ultimatum Bargaining'27. Bruno S. Frey and Stephan Meier (2004), `Social Comparisons and Pro-social Behavior: Testing "Conditional Cooperation" in a Field Experiment'28. Adriaan R. Soetevent (2005), `Anonymity in Giving in a Natural Context - A Field Experiment in 30 Churches'29. Richard H. Thaler and Shlomo Benartzi (2004), `Save More Tomorrow (TM): Using Behavioral Economics to Increase Employee Saving'30. Uri Gneezy and Aldo Rustichini (2004), `Gender and Competition at a Young Age'31. John A. List (2004), `The Nature and Extent of Discrimination in the Marketplace: Evidence from the Field'Name Index

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