commute times
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Jul 16, 2017 by Frank Chen · across every show →
Everything said about commute times, oldest first
Jul 16, 2017 neutral
Chen: Adding Highway Capacity Increases Commute Times via Induced Demand
“Every new commute modality, like when we introduce highways, commute times increase. You would have thought the opposite, but economists explain this as induced or latent demand, which is when you add freeway miles, you just get more drivers. Congestion doesn'…”