Similar Search Results

d'Uva, Teresa Bago; Lindeboom, Maarten; O'Donnell, Owen; … - Tinbergen Institute - 2010

Reliance on self-rated health to proxy medical need can bias estimation of education-related inequity in health care … utilisation. We correct this bias both by instrumenting self-rated health with objective health indicators and by purging self …-rated health of reporting heterogeneity identified from health vignettes. Using data on elderly Europeans, we find that …

Persistent link: https://www.econbiz.de/10008752535

Is the Service Quality of Private Roads too Low, too High, or just Right when Firms compete Stackelberg in Capacity?

Berg, Vincent A.C. van den; Verhoef, Erik T. - Tinbergen Institute - 2011

We study road supply by competing firms between a single origin and destination. In previous studies, firms simultaneously set their tolls and capacities while taking the actions of the others as given in a Nash fashion. Then, under some widely used technical assumptions, firms set a...

Persistent link: https://www.econbiz.de/10009201124

Manipulable Congestion Tolls

Brueckner, Jan K.; Verhoef, Erik T. - Tinbergen Institute - 2009

The recent literature on congestion pricing with large agents contains a remarkable inconsistency: though agents are large enough to recognize self-imposed congestion and exert market power over prices, they do not take into account the impact of their own actions on the magnitude of congestion...

Persistent link: https://www.econbiz.de/10005137055

Time, Speeds, Flows and Densities in Static Models of Road Traffic Congestion and Congestion Pricing

Verhoef, Erik - Tinbergen Institute - 1997

This paper studies some of the properties and fundamentals of static models of road traffic congestion that have triggered much debate in the literature. The first part of the paper focuses in particular on the difficulties arising with the backward-bending cost curve in the context of...

Persistent link: https://www.econbiz.de/10005137092

Congestion Pricing, Slot Sales and Slot Trading in Aviation

Verhoef, Erik T. - Tinbergen Institute - 2008

This paper studies the regulation of an airline duopoly on a congested airport. Regulation should then address two market failures: uninternalized congestion, and overpricing due to market power. We find that first-best charges are differentiated over airlines if asymmetric, and completely drive...

Persistent link: https://www.econbiz.de/10005137263

Step by Step: Revisiting Step Tolling in the Bottleneck Model

Lindsey, C. Robin; Berg, Vincent A.C. van den; Verhoef, … - Tinbergen Institute - 2010

In most dynamic traffic congestion models, congestion tolls must vary continuously over time to achieve the full optimum. This is also the case in Vickrey's (1969) 'bottleneck model'. To date, the closest approximations of this ideal in practice have so-called 'step tolls', in which the toll...

Persistent link: https://www.econbiz.de/10008752909

Governmental Competition in Road Charging and Capacity Choice

Ubbels, Barry; Verhoef, Erik - Tinbergen Institute - 2006

In this study we have analysed policy interactions between an urban and a regional government which have different objectives (welfare of its own citizens) and two policy instruments (toll and capacity) available. Using a simulation model, we investigated the welfare consequences of the various...

Persistent link: https://www.econbiz.de/10005136964

Pricing, Capacity Choice and Financing in Transportation Networks

Verhoef, Erik T.; Rouwendal, Jan - Tinbergen Institute - 2003

This paper explores the interrelations between pricing, capacity choice and financing in transportation networks. It …

Persistent link: https://www.econbiz.de/10005137173

Self-Financing Roads

Verhoef, Erik T.; Mohring, Herbert - Tinbergen Institute - 2007

Mohring and Harwitz (1962) showed that, under certain conditions, an optimally designed and priced road would generate user toll revenues just sufficient to cover its capital costs. Several scholars subsequently explored the robustness of that finding. This paper briefly summarizes further...

Persistent link: https://www.econbiz.de/10005137215

Inside the Queue

Verhoef, Erik T. - Tinbergen Institute - 2002

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

Persistent link: https://www.econbiz.de/10005137224