Very annoying explanation of Induced Demand in urban transportation.
Annoying because the truth is annoying. Because it is not restricted only to adding lanes for private cars, because it implies that increasing load factor by means like carpooling will also be offset by it.
But if you want to really understand urban transportation and economy, it is what it is.
Though many regard the city as a growth engine, we can easily see how our own experience leads us to the hard truth. The core of the city growth is created by the suppression of growth in its nearby environment.
in this video, I explain how Hassle-Distance determines the Suppression Zone of the city and on the way also explains what creates the Induced Demand in urban transportation.
“The city is an economic engine”. This built-in assumption is rooted in so many studies that it had become taken for granted. This video argues that as many urban indicators scale superlinearly, “Knowledge Spillover” just can’t be the mechanism behind it… but doing it in plain English.
What is “Super-linear”?
What is “Knowledge Spillover”?