caa a22 4500 477076521 CHVBK 20180405111439.0 cr unu---uuuuu 170330e19960601xx s 000 0 eng 10.1007/BF01581973 doi (NATIONALLICENCE)springer-10.1007/BF01581973 Endogenising demand for information in road transport [Elektronische Daten] [Richard Emmerink, Erik Verhoef, Peter Nijkamp, Piet Rietveld] In this paper, the impact of endogenous information provision to drivers in road transport is investigated. A static economic equilibrium model is used, which allows potential road users to buy information on the prevailing (stochastic) traffic situation. It takes for granted that an individual will try to acquire proper information when the private benefits of doing so exceed the private costs. By using an information model for road users, the interesting result is found that the provision of endogenous information leads to a strict Pareto improvement. Furthermore, the model shows that — depending on the price of information — it can be efficiency improving to subsidise or tax the motorist information to the user. Finally, there is a relationship between fine congestion pricing and subsidising motorist information. It turns out that the social welfare maximising subsidy under first-best congestion pricing is equal to zero. However, subsidising information may be an attractive policy instrument when a flat congestion pricing scheme is preferred. Springer-Verlag, 1996 Emmerink Richard Department of Spatial Economics, Free University, De Boelelaan 1105, 1081 HV, Amsterdam, The Netherlands aut Verhoef Erik Department of Spatial Economics, Free University, De Boelelaan 1105, 1081 HV, Amsterdam, The Netherlands aut Nijkamp Peter Department of Spatial Economics, Free University, De Boelelaan 1105, 1081 HV, Amsterdam, The Netherlands aut Rietveld Piet Department of Spatial Economics, Free University, De Boelelaan 1105, 1081 HV, Amsterdam, The Netherlands aut The Annals of Regional Science Springer-Verlag 30/2(1996-06-01), 201-222 0570-1864 30:2<201 1996 30 168 https://doi.org/10.1007/BF01581973 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/BF01581973 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Emmerink Richard Department of Spatial Economics, Free University, De Boelelaan 1105, 1081 HV, Amsterdam, The Netherlands aut NATIONALLICENCE 700 1- Verhoef Erik Department of Spatial Economics, Free University, De Boelelaan 1105, 1081 HV, Amsterdam, The Netherlands aut NATIONALLICENCE 700 1- Nijkamp Peter Department of Spatial Economics, Free University, De Boelelaan 1105, 1081 HV, Amsterdam, The Netherlands aut NATIONALLICENCE 700 1- Rietveld Piet Department of Spatial Economics, Free University, De Boelelaan 1105, 1081 HV, Amsterdam, The Netherlands aut NATIONALLICENCE 773 0- The Annals of Regional Science Springer-Verlag 30/2(1996-06-01), 201-222 0570-1864 30:2<201 1996 30 168 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer