dominated by a single firm. Unlike much of the previous literature, we combine a dynamic (bottleneck) model of congestion and a … interacts with a competitive fringe, charging the congestion toll that is derived for fully atomistic carriers to both leader … and fringe yields the first-best outcome. This holds regardless of the leader's internalization of congestion in the …

. 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 …

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

, based on car-following theory. The model integrates twoarchetype congestion technologies used in the economics literature …: 'static flow congestion',originating in the works of Pigou, and 'dynamic bottleneck congestion', pioneered byVickrey. Because …

-277.<P> 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 …

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

Non-recurrent congestion is frequently caused by accidents and other incidents. We estimate the causal effect of … incident duration on drivers’ time losses through changes in non-recurrent road congestion on Dutch highways. We demonstrate … that incident duration has a strong positive, but concave, effect on non-recurrent congestion. The duration elasticity of …

agglomeration externalities. We extend this model by introducing a traffic congestion externality. We show that congestion induces a … interplay between these externalities is then demonstrated, as reduced congestion leads to commercial concentration and …