Showing 1 - 7 of 7
The authors study interaction on a two-lane road between the trips of two types of drivers who differ by their desired speeds. The difference in desired speeds causes congestion, because slow vehicles force fast vehicles to reduce their speed. Results for this type of congestion with respect to...
Persistent link: https://www.econbiz.de/10004988081
We study the impact of car user taxes on vehicle quality and demand for kilometres. First, holding car prices fixed, we find that a higher fuel tax leads households to choose cars of better fuel efficiency, provided that the demand for car use is inelastic. Surprisingly, a higher kilometre tax...
Persistent link: https://www.econbiz.de/10011207047
We analyse the scheduling decisions of competing transport operators, using a horizontal differentiation model with price-sensitive demand and asymmetric distance costs. Two competitors choose fares and departure times in a fixed time interval; consumers' locations indicate their desired...
Persistent link: https://www.econbiz.de/10010990159
This paper studies the efficiency impacts of private toll roads in initially untolled networks. The analysis allows for capacity and toll choice by private operators, and endogenises entry and therewith the degree of competition, distinguishing and allowing for both parallel and serial...
Persistent link: https://www.econbiz.de/10004988047
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Persistent link: https://www.econbiz.de/10004988117
The authors explore the properties of various types of public and private pricing on a congested road network, with heterogeneous users, and allowing for elastic demand. The network allows them to model certain features of real-world significance: pricing restrictions on either complementary or...
Persistent link: https://www.econbiz.de/10004988123
This paper proposes an analytical framework for the scheduling decisions of road travellers that takes into account probability weighting using rank-dependent utility theory. The fundamental difference with the standard scheduling model based on expected utility is that the probabilities of...
Persistent link: https://www.econbiz.de/10010562320