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theory says that the congestion tolls levied on the various airlines at a particular airport should generally be different …The likely resurgence of air traffic in the U.S. means that airport congestion is a problem that must soon be …, with the tolls being inversely related to a carrier s airport flight share. Internalization of airport congestion is the …
Persistent link: https://www.econbiz.de/10011410457
Persistent link: https://www.econbiz.de/10003498806
The theory of road pricing developed for single links suggests time andlocation varying charges equal to the marginal … congestion cost at the efficientlevel of traffic. The second-best network counterpart is derived, but would beinfeasible to … of cordon tolls aremeasured and shown to correlate with optimal congestion tolls, but to bemodest in size and not to …
Persistent link: https://www.econbiz.de/10011400380
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/10012415535
congestion-sensitive content; however, this creates more congestion for other existing content. By contrast, if capacity is …
Persistent link: https://www.econbiz.de/10010412363
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 … 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/10012029052
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/10002746082
This paper provides the first analysis of the trade-off between convenient flight connections and airport congestion. A …, the monopoly airline chooses to narrow the gap between its flights, yielding shorter layovers but more congestion. A … congestion while also shortening a connecting passenger's layover time. When the passenger's cost per unit of layover time rises …
Persistent link: https://www.econbiz.de/10011334230
Transport has significant externalities including carbon emissions and air pollution. Public health research has identified additional social gains from active travel, due to health benefits of physical exercise. Per mile, these benefits greatly exceed the external costs from car use. We...
Persistent link: https://www.econbiz.de/10012387641
This study calculates efficient taxes on gasoline and road use designed to combat driving related externalities when motorists avoid taxes due to an excessive economic driving-style. The efficient tax on gasoline is reduced below the Pigouvian rate due to such avoidance. The current US tax rate...
Persistent link: https://www.econbiz.de/10012156698