Editing Induced demand (section)

==Economics==
"Induced demand" and other terms were given economic definitions in a 1999 paper by Lee, Klein, and Camus.<ref>{{cite journal |last1=Lee |first1=Douglass B. |last2=Klein |first2=Lisa A. |last3=Camus |first3=Gregorio |title=Induced Traffic and Induced Demand |journal=Journal of the Transportation Research Board |date=1999 |volume=1659 |issue=1 |pages=68–75 |doi=10.3141/1659-09|s2cid=109949924 }}</ref>  In the paper, "induced traffic" is defined as a change in traffic by movement along the ''[[short-run]]'' [[demand curve]].  This would include new trips made by existing residents, taken because driving on the road is now faster.  Likewise, "induced demand" is defined as a change in traffic by movement along the ''[[Long run and short run|long-run]]'' demand curve.  This would include all trips made by new residents who moved to take advantage of the wider road.<ref>{{cite web |last1=Lee |first1=Douglass B |title=Induced Traffic and Induced Demand |url=https://nacto.org/docs/usdg/induced_traffic_and_induced_demand_lee.pdf |website=National Association of City Transportation Officials |access-date=20 December 2022}}</ref>