Showing 1 - 10 of 14
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
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
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
Autonomous cars allow safe driving with a smaller headway than that required for normal human-driven cars, thereby potentially improving road capacity. To attain this capacity benefit, cooperation among autonomous cars is vital. However, the future market may have multiple car brands and the...
Persistent link: https://www.econbiz.de/10013356459
In the face of capacity disruptions (due, for example, to traffic incidents or poor weather), information provision and congestion pricing are alternative alleviating policies. A state-dependent toll equals the state-dependent marginal external cost (MEC), which is higher if traffic condition is...
Persistent link: https://www.econbiz.de/10013356468
We consider if a road is self-financing under flat or step tolling and optimized capacity while incorporating preference heterogeneity, bottleneck congestion and linear capacity cost. Previous work has shown that a sufficient condition for the toll revenue to equal the capacity cost is that the...
Persistent link: https://www.econbiz.de/10013356501
It is a common finding in empirical discrete choice studies that the estimated mean relative values of the coefficients (i.e. WTP's) from multinomial logit (MNL) estimations differ from those calculated using mixed logit estimations, where the mixed logit has the better statistical fit. However,...
Persistent link: https://www.econbiz.de/10010325745
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/10010325800
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/10010325883
We analyse the behaviour of market participants in a multi-modal commuter network where roads are not priced, but public transport has a usage fee, which is set while taking the effects on the roads into account. In particular, we analyse the difference between markets with a monopolistic public...
Persistent link: https://www.econbiz.de/10010326294