Herbert Mohring (1928 – June 4, 2012) was a transportation economist who taught at the University of Minnesota from 1961–1994.[1][2] He received his Ph.D. from Massachusetts Institute of Technology in 1959,[3] with a thesis on the life insurance industry supervised by Robert Solow.[4]
Herbert Mohring | |
|---|---|
| Born | 1928 |
| Died | June 4, 2012 (aged 83) |
| Nationality | American |
| Academic career | |
| Institution | University of Minnesota |
| Field | Transportation economics |
| Alma mater | Massachusetts Institute of Technology |
| Influences | Robert Solow |
| Contributions | Mohring effect |
He is widely known for his identification of what was dubbed the Mohring effect of increasing returns in public transportation (see: Mohring (1972) for details).
Mohring and Harwitz (1962) also showed that the revenues from the first-best congestion tax exactly cover the capacity costs (which include depreciation and capital costs, but not investment costs) of highways when highways possess constant returns to scale.
Selected works edit
- Mohring, Herbert, Optimization and Scale Economies in Urban Bus Transportation, American Economic Review 62, no. 4 (September 1972): 591-604.
- Mohring, Herbert, The Peak Load Problem with Increasing Returns and Pricing Constraints, American Economic Review 60, no. 4 (September 1970): 693-705.
- Mohring, H. and Harwitz, M., Highway Benefits: An Analytical Framework, Ch 2, pp 57–90. (1962)
References edit
- ^ "In memoriam: Herbert Mohring, congestion pricing pioneer | University of Minnesota Center for Transportation Studies". Archived from the original on 2015-09-19.
- ^ "Obituary: Deep thinker Herbert Mohring had wide influence". Star Tribune. June 13, 2012.
- ^ "University of Minnesota, Department of Economics: Herbert Mohring". Archived from the original on February 8, 2005. Retrieved July 10, 2010.
- ^ The life insurance industry: a study of price policy and its determinants
External links edit
- University home page at the Wayback Machine (archived August 28, 2002)