Dechenaux, Emmanuel; Mago, Shakun; Razzolini, Laura - In: Experimental Economics 17 (2014) 3, pp. 461-487
This study considers a model of road congestion with average cost pricing. Subjects must choose between two routes—Road and Metro. The travel cost on the road is increasing in the number of commuters who choose this route, while the travel cost on the metro is decreasing in the number of its...