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Welfare Effects of Road Pricing and Traffic Information Under Alternative Ownership Regimes

Gubins, Sergejs - 2010

, 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 information under various road markets with different ownership regimes … negligible. Collusion of the road operator and information provider yields higher social welfare than independent pricing by two …

Persistent link: https://www.econbiz.de/10013138513

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 …

Persistent link: https://www.econbiz.de/10013114739

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

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

Labour Supply and Commuting : Implications for Optimal Road Taxes

Gutierrez-i-Puigarnau, Eva - 2009

A new paradigm for transport economists has been established: revenues of a welfare-maximising road tax should be … of workdays is optimally chosen, whereas daily workhours are fixed, implying that given a road tax, workers may only …

Persistent link: https://www.econbiz.de/10012719480

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 … to value of schedule delay. We analyse first-best pricing and second-best pricing on only road or rail. More "ratio … heterogeneity" lowers the relative efficiency of welfare maximisation by pricing only the road. This relative efficiency also …

Persistent link: https://www.econbiz.de/10014184417

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

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

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 …

Persistent link: https://www.econbiz.de/10014190947

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