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Induced demand

In economics, induced demand – related to latent demand and generated demand – is the phenomenon whereby an increase in supply results in a decline in price and an increase in consumption. In other words, as a good or service becomes more readily available and mass produced, its price goes down and consumers are more likely to buy it, meaning that the…

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In transportation systems

CityLabSt. Louis, MissouriRobert MosesNew York CityRobert Caro
42 related topics

Reduced demand (the inverse effect)

Online shoppingFree shippingPublic transportCarpoolingRoad diets
42 related topics

Economics

Short-runDemand curveLong-run
3 related topics

Works cited

The Power Broker: Robert Moses and the Fall of New YorkISBNOCLC
3 related topics

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Economics

In transportation systems

Film-induced demand

Reduced demand (the inverse effect)

Works cited

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Induced demand

Nodes108
Edges107
Triples90
Avg. degree1.98
Density0.018519
Components1

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Induced demand

Top relations

related to External links · 26
Induced demand → April, Atlantic, Evidence, Fulton, Generated Traffic, Giles Duranton, Implications, Institute, ITE Journal, Journal, Matthew, No, PDF, Road Congestion, Statistics, The Fundamental Law, Todd Litman, TorontoUK Department, Transport, Transport Planning
has effect · 17
Induced demand → Another, As, Beyond, But, By, Center, From, One, Polzin, Senior Advisor, Specifically, Steven Polzin, This, Transportation, Urban Transportation Research, US, US Department
related to Policy implications · 10
Induced demand → An, Carbon, CO2, Expansion, Heathrow Airport, In, It, These, UK, When
related to Economics · 7
Induced demand → Camus, In, Induced, Klein, Lee, Likewise, This
related to Definitions · 6
Induced demand → According, CityLab, Induced, It, The, Thus
related to Film-induced demand · 4
Induced demand → Film-induced, This, Travelsat Competitive Index, When
is a · 2
Induced demand → 1993 book The Elephant in the Bedroom, catch-all term used for a variety of interconnected effects that cause new roads to quickly fill to capacity

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Important terminology

traffic demand road induced capacity new travel congestion transportation transport would also effect study people reduced increase city planning roads

Entity relationships Subject–Predicate–Object triples

SubjectPredicateObjectConfidenceSrc
Induced demandis acatch-all term used for a variety of interconnected effects that cause new roads to quickly fill to capacity0.90text
Induced demandis a1993 book The Elephant in the Bedroom0.90text
petrol pricesinstance ofFactors0.80text
as well as fuel costsinstance ofFactors0.80text
are the most common variables that influence the quantity demanded for transportinstance ofFactors0.80text
petrol pricesinstance ofregardless of fluctuations in variables0.80text
as it is a required activity to generate incomeinstance ofregardless of fluctuations in variables0.80text
a bike-sharing programinstance ofthe city has implemented additional policies0.80text
bike-friendly streetsinstance ofthe city has implemented additional policies0.80text
education campaigns to promote biking as a healthyinstance ofthe city has implemented additional policies0.80text
sustainable mode of transportation.Positive effectsSteven Polzininstance ofthe city has implemented additional policies0.80text
former director of the Center for Urban Transportation Researchinstance ofthe city has implemented additional policies0.80text

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