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Persistent link: https://www.econbiz.de/10009723032
congested airport, optimal congestion pricing rules deviate from the familiar Pigouvian rule that tolls be equal to the marginal …
Persistent link: https://www.econbiz.de/10010504003
This paper presents a dynamic model of road traffic congestion based on simple carfollowing theory, allowing for finite group velocity and discrete vehicles. The model offers a full-fledged dynamic version of the standard static model of road traffic congestion based on the so-called...
Persistent link: https://www.econbiz.de/10011283470
In most dynamic traffic congestion models, congestion tolls must vary continuously over time to achieve the full … practice have so-called 'step tolls', in which the toll takes on different values over discrete time intervals, but is constant …
Persistent link: https://www.econbiz.de/10011382488
We analyse congestion pricing in a road and rail network with heterogeneous users. On the road there is bottleneck congestion. In the train there is crowding congestion. We separately analyse proportional heterogeneity that varies the values of time and schedule delay scalarly in fixed...
Persistent link: https://www.econbiz.de/10011386189
simultaneously set their tolls and capacities while taking the actions of the others as given in a Nash fashion. Then, under some … larger total capacity and lower tolls. …
Persistent link: https://www.econbiz.de/10011386470
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/10011374411
impact of their own actions on the magnitude of congestion tolls. When large agents are confronted with tolls derived under …
Persistent link: https://www.econbiz.de/10011377567
Recent empirical work has suggested that there is an important distinction between short-run versus long-run scheduling behaviour of commuters, reflected in differences in values of time and schedule delays, as well as in preferred arrival moments, for the short-run versus the long-run problem....
Persistent link: https://www.econbiz.de/10011715858
supply of roads. The problem is especially severe with at tolls, where travellers in equilibrium tend to travel on separate … roads. With queue-eliminating tolls, however, both types tend to travel on both roads in equilibrium, and the competition …
Persistent link: https://www.econbiz.de/10011602727