1. The study by the Berkeley researchers (Keeler et al. 1975) that determined the relative costs of...

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1. The study by the Berkeley researchers (Keeler et al. 1975) that determined the relative costs of car, bus, and rail transportation was completed many years ago. Much has changed since then, including our understanding of medicine and the environment. Following is a list of some of these changes, many of which have been discussed in this chapter and in Chapters 3 and 4.

For each change, discuss how it would modify the Berkeley results, if at all.

a. Car technology and operation

b. Rising real wages

c. The discovery of the problem of global warming

d. The discovery of the dangers of particulates

e. The rising price of gasoline

f. More working wives g. The Web h. Better, cheaper road paving i. Terrorism j. Anything else you think is important

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City Economics

ISBN: 9780674019188

1st Edition

Authors: Brendan O'Flaherty, Brendan O&Flaherty

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