Traffic congestion is a substantial time cost for many urban commuters. This paper studies the response of subjects in … respond to the use of a toll that theory predicts will minimize travel time costs. The experimental results reported in this … paper show that this toll comes very close to achieving efficient use of the travel network. …

experiment by traveling on the toll route. In this experiment, some subjects travel the toll route frequently, giving up some of … experiments, subjects choose between traveling on an indirect route that does not congest and a direct toll route that congests as … more subjects travel on it. In the first experiment, values of time are assigned to subjects. Subjects generally sort …

bridge is tolled under the cordon-toll regime. While less realistic than the continuous-space frameworks used in previous … relying on more-complex models. The paper derives the rule for the optimal cordon toll, showing that it points to a toll level … higher than first-best toll on the same bridge. In addition, the analysis shows that cordon tolling leads to a redistribution …

Transportation researchers have long struggled to find satisfactory ways ofdescribing and analysing traffic congestion … congestion on an isolatedroad under stationary conditions. We set up the supply-demand framework usedto characterize equilibrium …

various complications that make simple textbook congestionpricingmodels of limited relevance, and dictate that congestion …

. The difference in desired speeds causes congestion, because slow drivers force fast drivers to reduce their speed. An … interesting aspect of this type of congestion is that results with respect to tolling are very different from those of the …