cluster together, turning location into a self-reinforcing process. However, agglomeration raises the price of immobile local …

We derive and discuss a general, but simple geographical economics model with congestion, allowing us to explain the …

In this paper we study how congestion and residential moving behaviour are interrelated using a two-region job search …. This choice affects the external costs of commuting due to congestion. The welfare maximizing road tax is derived. We … demonstrate that road pricing may not only reduce congestion but also increase total residential moving costs in the economy. One …

This paper develops a continuous-time -continuous-place economic model of road traffic congestion with a bottleneck …: 'static flow congestion', originating in the works of Pigou, and 'dynamic bottleneck congestion', pioneered by Vickrey …, based on car-following theory. The model integrates two archetype congestion technologies used in the economics literature …

Conventional economic wisdom suggests that congestion pricing would be an appropriate response to cope with the growing … congestion levels currently experienced at many airports. Several characteristics of aviation markets, however, may make naive … congestion prices equal to the value of marginal travel delays a non-optimal response. This paper develops a model of airport …

. 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 …