Herbert Mohring Explained

Herbert Mohring
Birth Date:1928
Birth Place:Buffalo, New York
Death Place:Northfield, Minnesota
Nationality:American
Institutions:-->
Field:Transportation economics
Alma Mater:Massachusetts Institute of Technology
Influences:Robert Solow
Contributions:Mohring effect

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]

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

Notes and References

  1. Web site: In memoriam: Herbert Mohring, congestion pricing pioneer University of Minnesota Center for Transportation Studies. dead . https://web.archive.org/web/20150919173245/http://www.cts.umn.edu/Publications/catalyst/2012/august/mohring . 2015-09-19 .
  2. News: Obituary: Deep thinker Herbert Mohring had wide influence . Star Tribune . June 13, 2012 .
  3. Web site: University of Minnesota, Department of Economics: Herbert Mohring . July 10, 2010 . February 8, 2005 . https://web.archive.org/web/20050208235039/http://www.econ.umn.edu/faculty/mohring/ .
  4. http://library.mit.edu/item/000734613 The life insurance industry: a study of price policy and its determinants