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Labour Supply and Commuting : Implications for Optimal Road Taxes
Gutierrez-i-Puigarnau, Eva - 2009
reduce their commuting costs by reducing total labour supply. However, a labour supply model which also allows for optimally … chosen daily hours implies that commuting costs increase daily hours, whereas the effect on total labour supply is ambiguous …. This paper addresses this issue empirically by analysing the relationship between labour supply patterns and commuting …
Persistent link: https://www.econbiz.de/10012719480
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Welfare Effects of Road Pricing and Traffic Information Under Alternative Ownership Regimes
Gubins, Sergejs - 2010
This paper models strategic interactions between a product supplier, a provider of information about product quality, and end users, in the context of road transportation. Using a game-theoretical analysis of suppliers' pricing strategies, we assess the social welfare effects of traffic...
Persistent link: https://www.econbiz.de/10013138513
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Is the Service Quality of Private Roads too Low, too High, or Just Right When Firms Compete Stackelberg in Capacity?
van den Berg, Vincent A.C. - 2012
We study road supply by competing firms between a single origin and destination. In previous studies, firms simultaneously set their tolls and capacities while taking the actions of the others as given in a Nash fashion. Then, under some widely used technical assumptions, firms set a...
Persistent link: https://www.econbiz.de/10013114739
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Optimal Pricing of Flights and Passengers at Congested Airports : The Efficiency of Atomistic Charges
Silva, Hugo E - 2013
This paper investigates optimal airport pricing when airlines provide imperfect substitutes products, and make decisions on capacity, scheduling and pricing. We show that the first-best toll per flight may be higher than the simple market-shares formula that were recently derived for Cournot...
Persistent link: https://www.econbiz.de/10013091922
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Congesting Pricing in a Road and Rail Network with Heterogeneous Values of Time and Schedule Delay
van den Berg, Vincent A.C; Verhoef, Erik T. - 2012
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/10014184417
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Why Congestion Tolling Could be Good for the Consumer : The Effects of Heterogeneity in the Values of Schedule Delay and Time on the Effects of Tolling
van den Berg, Vincent A.C; Verhoef, Erik T. - 2012
In studying congestion tolling, it is important to account for heterogeneity in preferences of drivers, as ignoring it can bias the welfare gains. We analyse the effects of tolling, in the bottleneck model, with continuous heterogeneity in the value of time and schedule delay. The welfare gain...
Persistent link: https://www.econbiz.de/10014198709
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Auctions for Private Congestible Infrastructures
van den Berg, Vincent A.C - 2013
This paper investigates regulation by auctions of private supply of congestible infrastructures in two networks settings: 1) two serial facilities, where the consumer has to use both in order to consume; and 2) two parallel facilities that are imperfect substitutes. There are four market...
Persistent link: https://www.econbiz.de/10014166117
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Step by Step : Revisiting Step Tolling in the Bottleneck Model
Lindsey, Robin; van den Berg, Vincent A.C; Verhoef, Erik T. - 2012
In most dynamic traffic congestion models, congestion tolls must vary continuously over time to achieve the full optimum. This is also the case in Vickrey's (1969) 'bottleneck model'. To date, the closest approximations of this ideal in practice have so-called 'step tolls,' in which the toll...
Persistent link: https://www.econbiz.de/10014188626
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Bottleneck Congestion : Differentiating the Coarse Charge
Knockaert, Jasper; Verhoef, Erik T.; Rouwendal, Jan - 2010
The traditional bottleneck model for road congestion promotes the implementation of a triangular, fully time varying, charge as the optimal solution for the road congestion externality. However, cognitive and technological barriers put a practical limit to the degree of differentiation real...
Persistent link: https://www.econbiz.de/10014190947
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Manipulable Congestion Tolls
Brueckner, Jan K.; Verhoef, Erik T. - 2009
The recent literature on congestion pricing with large agents contains a remarkable inconsistency: though agents are large enough to recognize self-imposed congestion and exert market power over prices, they do not take into account the impact of their own actions on the magnitude of congestion...
Persistent link: https://www.econbiz.de/10014210600