Showing 1 - 10 of 113
Persistent link: https://www.econbiz.de/10001210369
This paper studies the regulation of an airline duopoly on a congested airport. Regulation should then address two market failures: uninternalized congestion, and overpricing due to market power. We find that first-best charges are differentiated over airlines if asymmetric, and completely drive...
Persistent link: https://www.econbiz.de/10011374411
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/10011377567
of congestion, including the first-best solution for the conventional Vickrey's bottleneck model. This can have … bottleneck model if the buying and selling of credits with a bank is allowed, against a pre-determined price. Credits are then …
Persistent link: https://www.econbiz.de/10011979963
We investigate the impacts of in-vehicle activities of commuters in the autonomous car on aggregate travel patterns. We allow for an autonomous car to affect the utility difference between being at home and being in the vehicle differently than the utility difference between being at work and...
Persistent link: https://www.econbiz.de/10012102419
We study different mixes of private and public supply of roads in a network with bottleneck congestion and …
Persistent link: https://www.econbiz.de/10011602727
on the form of dynamic bottleneck congestion à la Vickrey (1969), where trip scheduling is the key behavioural margin … in cases where it fails to exist under bottleneck congestion (notably when the value of schedule late exceeds the value …
Persistent link: https://www.econbiz.de/10010504003
This paper studies the second-best problem where not all links of acongested transportation network can be tolled. The second-best taxrule for this problem is derived for general static networks, so thatthe solution presented is valid for any graph of the network, and forany set of tolling...
Persistent link: https://www.econbiz.de/10011299979
We explore the properties of various types of public and private pricing on acongested road network with heterogeneous users and allowing for elasticdemand. Heterogeneity is represented by a continuum of values of time. Thenetwork consists of both serial and parallel links, which allows us to...
Persistent link: https://www.econbiz.de/10011302138
Transportation researchers have long struggled to find satisfactory ways ofdescribing and analysing traffic congestion, as evident from the large numberof often competing approaches and models that have been developed. This paperaims to provide a review of the literature on this topic. The paper...
Persistent link: https://www.econbiz.de/10011302617