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General geographical economics model with congestion
Marrewijk, Charles van - 2005
We derive and discuss a general, but simple geographical economics model with congestion, allowing us to explain the economic viability of small and large locations. The model generalizes some previous work and lends itself to analyzing the impact of public policy in terms of infrastructure...
Persistent link: https://www.econbiz.de/10011346464
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Regulating dynamic congestion externalities with tradable credit schemes : does a unique equilibrium exist?
Bao, Yue; Verhoef, Erik T.; Koster, Paul - 2019
of congestion externalities. We show in this paper that the resulting equilibrium may not be unique for particular models … of congestion, including the first-best solution for the conventional Vickrey's bottleneck model. This can have … bottleneck model if the buying and selling of credits with a bank is allowed, against a pre-determined price. Credits are then …
Persistent link: https://www.econbiz.de/10011979963
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Step by step: revisiting step tolling in the bottleneck model
Lindsey, Robin; Berg, Vincent A. C. van den; Verhoef, … - 2010
optimum. This is also the case in Vickrey's (1969) 'bottleneck model'. To date, the closest approximations of this ideal in … literature. This paper compares two step-toll schemes that have been studied using the bottleneck model by Arnott, de Palma and …
Persistent link: https://www.econbiz.de/10011382488
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Step by step : revisiting step tolling in the bottleneck model
Lindsey, Robin; Berg, Vincent A. C. van den; Verhoef, … - 2010
Persistent link: https://www.econbiz.de/10008771819
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General geographical economics model with congestion
Marrewijk, Charles van - 2005
Persistent link: https://www.econbiz.de/10003203998
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The one-seller two buyer bargaining problem with buyer externalities
Laan, Gerard van der; Houba, Harold - 1995
Persistent link: https://www.econbiz.de/10000917001
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Does public transit reduce car travel externalities?
Adler, Martin W.; Ommeren, Jos van - 2015
justified. We examine one of the main benefits of public transit, a reduction in car congestion externalities, the so … as number of car travelers suggesting that bicycling-promoting policies to reduce car congestion externalities might be …
Persistent link: https://www.econbiz.de/10010477114
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Accident externality of driving : evidence from the London Congestion Charge
Tang, Cheng Keat; Ommeren, Jos van - 2020
This paper estimates the marginal accident externality of driving in Central London by exploiting variation in traffic flow induced by the London Congestion Charge Zone using an instrumental variable approach. The charge attributed to a 9.4% reduction in traffic flow, which resulted in a less...
Persistent link: https://www.econbiz.de/10012317457
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A discussion of maximin
Pruzhansky, Vitaly - 2004
This paper builds on one of the results of Pruzhansky [22], namely that maximin strategies guarantee the same expected payoffs as mixed Nash equilibrium strategies in bimatrix games. We present a discussion on the applicability of maximin strategies in such class of games. The usefulness of...
Persistent link: https://www.econbiz.de/10011334836
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Individual expectations, limited rationality and aggregate outcomes
Te, Bao; Hommes, Cars H.; Sonnemans, Joep; Tuinstra, Jan - 2012
Persistent link: https://www.econbiz.de/10010191020