Showing 1 - 10 of 1,871
We estimate the marginal external congestion cost of motor-vehicle travel for Rome, Italy, using a methodology that … accounts for hypercongestion (a situation where congestion decreases a road’s throughput). We show that the external cost â … hypercongested for more than one hour per day. Hypercongestion accounts for about 40 percent of congestion-related welfare losses …
Persistent link: https://www.econbiz.de/10012867018
related to the introduction of congestion policies, focusing on tradeable driving permits and congestion tolls. We have the … congestion policies welfare-reducing. Second, drivers will oppose the policies even when they receive all permits for free, or … political majority to support both congestion policies. Third, in an infinite horizon setting, tradable permits are superior to …
Persistent link: https://www.econbiz.de/10013250739
transmission system congestion to explore changes in ambient concentrations of air pollutants in the eastern United States …. Reducing electricity system congestion decreases ozone and PM2.5 concentrations in New England and New York and increases them … quantify the health impacts of changes in environmental pollution induced by a reduction in congestion and find overall health …
Persistent link: https://www.econbiz.de/10012825399
In classical traffic flow theory, there are two velocities associated with a given level of traffic flow. Following … demonstrates that a steady-state hypercongested equilibrium can be stable. Some other sensible models of traffic congestion …
Persistent link: https://www.econbiz.de/10010264538
In downtown areas, what proportion of curbside should be allocated to parking? In contrast to most previous work on the economics of parking, this paper focuses on optimal curbside parking capacity in both first-best (where pricing is efficient) and second-best (where pricing is inefficient)...
Persistent link: https://www.econbiz.de/10010291495
and user-cost structure. Our results emphasize the role of congestion in determining this optimal financing structure and …, depending upon the degree of congestion. We extend the model to allow for monopoly pricing of the user fee by the government …
Persistent link: https://www.econbiz.de/10010261153
other forms of congestion into account. …
Persistent link: https://www.econbiz.de/10010291550
congestion by showing that all the literature's theoretical results can be derived within one simple and unified framework. The … internalize congestion, they should be charged low congestion tolls. The analysis then validates the findings of Daniel (1995 …
Persistent link: https://www.econbiz.de/10010276976
growth also goes hand in hand with formation of slums and congestion. We thus argue that there is a role for public policies. …
Persistent link: https://www.econbiz.de/10010276217
This paper analyzes slot-based approaches to management of airport congestion, using a model where airlines are … asymmetric and internalize airport congestion. Under these circumstances, optimal congestion tolls differ across carriers, and … congestion) as fixed, and this difference can lead to an efficient outcome. …
Persistent link: https://www.econbiz.de/10010271849