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  • News
    24.
    Mar.
    2025

    E-Bikes in trend: Impact on mode choice and CO2 reduction

     

    In their new article "Electrifying choices: How electric bicycles impact on mode choice and CO2 emissions", Thomas Hagedorn, Marlena Meier and Jan Wessel analyze (i) the influence of e-bike ownership on transport mode choice and (ii) how a change in e-bike ownership affects CO2 emissions in Germany using longitudinal data from household surveys from 2016 to 2022. The results of the mixed multinomial logit model (MMNL model) show that the change in e-bike ownership significantly affects travel behavior. The net emissions savings per person after acquiring an e-bike amount to 526.9 kg CO2 per person and year, which is roughly 6.6% of the average annual total CO2 emissions per capita in Germany. The article is published in Transportation Research Part D: Transport and Environment.

    27.
    Jan.
    2025

    Vehicle Value Externality

     

    Gernot Sieg from the University of Münster and Berthold U. Wigger from the Karlsruhe Institute of Technology (KIT) introduce the vehicle value externality as a previously unacknowledged cost of car traffic. Unlike established externalities such as emissions or congestion, the vehicle value externality arises from the impact of vehicle value on accident damages. By developing a model linking insurance premiums to this externality and applying it to German car traffic data, the annual aggregate cost are estimated at 10 billion euros in 2021.Since this externality has not been internalized by policy makers so far, too expensive cars are bought in Germany and therefore insurance premiums for cars are too high. The article is published in the journal Economics Letters.

    02.
    Dec.
    2024

    Podium position for the Teaching Price

     

    Thank you for the kind feedback on the module "Advanced Transport Economics", which led to a podium position in the Master's Teaching Price.

    05.
    Nov.
    2024

    Job Vacancy

     

    The Institute of Transport Economics is seeking to fill a position for a student assistant (studentische Hilfskraft) at the earliest possible date. Further information can be found here.

    24.
    Jul.
    2024

    Comment to speed limit CBA

     

    A speed limit for highways is a highly emotional issue in Germany. Economists should contribute methodologically sound facts. In his new commentary, Gernot Sieg considers which aspects of a cost-benefit analysis for a speed limit by Goessling et al (2023) could be improved. The commentary was recently published in the journal Ecological Economics Link to comment.

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