Liu, Qiumin; van den Berg, Vincent A. C.; Verhoef, Erik T. - 2024
on travel costs, welfare and consumers. We evaluate three fully time-variant tolls and a step toll that have been … uncertainty. As the degree of uncertainty falls, the uniform and single-step tolls attain welfare gains closer to that from first …-best pricing. Also, when demand becomes more price-sensitive, the uniform and single-step tolls attain outcomes closer to those in …