The annual conference of the International Transport Economics Association (ITEA) was held at the University of Cantabria in Santander, Spain, from June 14-16, 2023. Participants of the conference are researchers and specialists in the field of transport economics. Among all scientific submissions, 155 transport economics papers were selected for presentation at the conference this year. A highlight of the conference was the award ceremony for the best papers, where Dr. Jan Wessel from the Institute of Transport Economics at WWU Münster was awarded the "Richard J. Arnott Best Paper by a Junior Researcher Prize".
His research, entitled "Space Wars - Finding an Economically Efficient Allocation of Street Space Across Different Transport Modes," examines the economically efficient allocation of street space. Through a theoretical model of transportation mode choice and extensive simulations for the cities of Berlin and New York City, the study shows that reallocating street space from cars and parking in favor of buses and especially bicycles can increase the economic efficiency of the transportation system. The paper thus makes an important contribution to the current debate on the distribution of road space.