A microeconomic approach to distance-deterrence functions in modeling journeys to work
Working paper
Permanent lenke
http://hdl.handle.net/11250/163671Utgivelsesdato
2001Metadata
Vis full innførselSamlinger
- Discussion papers (FOR) [575]
Sammendrag
In this paper we suggest a microeconomic model for how commuting flows relate to traveling distance. Commuting is the preferred choice of a worker whenever he can obtain an increase in wages greater than the cost of commuting. Our framework is based on an approach where workers apply for jobs according to a strategy that maximizes their expected payoffs (wages minus commuting costs). We also discuss systematic bias in comparing the distances between city centers with the actual average traveling difference between intrazonal and interzonal commuting.
Utgiver
Norwegian School of Economics and Business Administration. Department of Finance and Management ScienceSerie
Discussion paper2001:12