Fosgerau, Mogens; Dender, Kurt Van - In: Transportation 40 (2013) 3, pp. 479-503
The rationale for congestion charges is that by internalising the marginal external congestion cost, they restore … efficiency in the transport market. In the canonical model underlying this view, congestion is a static phenomenon, users are … taken to be homogenous, there is no travel time risk, and a highly stylised model of congestion is used. The simple analysis …
