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Pricing behaviour at capacity constrained facilities

Larsen, Huric; Fredborg, Jesper - Volkswirtschaftliche Fakultät, … - 2012

Entry of new firms can be difficult or even impossible at capacity constrained facilities, despite the actual cost of entering is low. Using a game theoretic model of incumbent firms’ pricing behaviour under these conditions, it is found that under the assumption of Bertrand competition and...

Persistent link: https://www.econbiz.de/10011258735

The dynamics of urban traffic congestion and the price of parking�

Fosgerau, Mogens; de Palma, André - Volkswirtschaftliche Fakultät, … - 2013

We consider commuting in a congested urban area. While an efficient time-varying toll may eliminate queuing, a toll may not be politically feasible. We study the benefit of a substitute: a parking fee at the workplace. An optimal time-varying parking fee is charged at zero rate when there is...

Persistent link: https://www.econbiz.de/10011259396

On the relation between the mean and variance of delay in dynamic queues with random capacity and demand

Fosgerau, Mogens - Volkswirtschaftliche Fakultät, … - 2008

with random capacity and demand, such as an airport or an urban road. Congestion is described in the form of a dynamic …

Persistent link: https://www.econbiz.de/10005260220

Accounting for peak shifting in traditional cost-benefit analysis

Snarr, Hal W.; Axelsen, Dan - Volkswirtschaftliche Fakultät, … - 2007

When cost-benefit analysis fails to account for peak-shifting the benefits of road improvement options are miscalculated. Using theory from transportation economics, we derive a simple model that disaggregates the average daily equilibrium into peak, counter-peak, and off-peak equilibria. This...

Persistent link: https://www.econbiz.de/10009652045

Individual tradable permit market and traffic congestion: An experimental study

Ch'ng, Kean Siang - Volkswirtschaftliche Fakultät, … - 2010

during congestion. This creates incentive for low value drivers to postpone their trips and resell permits in the peak hours …

Persistent link: https://www.econbiz.de/10008694035

Random queues and risk averse users

De Palma, André; Fosgerau, Mogens - Volkswirtschaftliche Fakultät, … - 2010

We analyse Nash equilibrium in time of use of a congested facility. Users are risk averse with general concave utility. Queues are subject to varying degrees of random sorting, ranging from strict queue priority to a completely random queue. We define the key "no residual queue" property, which...

Persistent link: https://www.econbiz.de/10008493025

How far are Portuguese prisons inefficient? A non-parametric approach

Marques, Rui; Simões, Pedro - Volkswirtschaftliche Fakultät, … - 2009

the results. Furthermore, a recent procedure is computed to evaluate congestion. The results show relevant levels of …

Persistent link: https://www.econbiz.de/10008497668

Performance and Congestion Analysis of the Portuguese Hospital Services

Simões, Pedro; Cunha Marques, Rui - Volkswirtschaftliche Fakultät, … - 2009

influence of the congestion effect on efficiency. The heavy burden of the health sector on the state budget brings about the … particularly the contribution of the congestion effect. We use the non-parametric technique of data envelopment analysis (DEA) for …. Afterwards, by comparing three different approaches we determine the importance of congestion in efficiency measurement and …

Persistent link: https://www.econbiz.de/10005108462

Congestion costs in bottleneck equilibrium with stochastic capacity and demand

Fosgerau, Mogens - Volkswirtschaftliche Fakultät, … - 2008

I analyse congestion costs in the Vickrey bottleneck model of a congestible facility with a peak load in demand. The … by Arnott, de Palma and Lindsey, I derive the expected marginal and total congestion costs and compare to the case with …

Persistent link: https://www.econbiz.de/10005620088

Hypercongestion in downtown metropolis

Fosgerau, Mogens; Small, Kenneth E. - Volkswirtschaftliche Fakultät, … - 2012

Engineering studies demonstrate that traffic in dense downtown areas obeys a stable functional relationship between average speed and density, including a region of 'hypercongestion' where flow decreases with density. This situation can be described as queuing behind a bottleneck whose capacity...

Persistent link: https://www.econbiz.de/10011107260