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Is the service quality of private roads too Low, too high, or just right when firms compete stackelberg in capacity?

Berg, Vincent A. C. van den; Verhoef, Erik T. - 2011 - Version of 13 May 2011

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/10011386470

Second-best congestion pricing in general static transportation networks with elastic demand

Verhoef, Erik T. - 1998

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

Product differentiation on roads : second-best congestion pricing with heterogeneity under public and private ownership

Verhoef, Erik T.; Small, Kenneth A. - 1999 - This version: 12/08/99

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

Congestion modelling

Lindsey, Robin; Verhoef, Erik T. - 1999 - This version: 05/11/99

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

Traffic congestion and congestion pricing

Lindsey, Robin; Verhoef, Erik T. - 2000 - This version: 14/11/00

For several decades growth of traffic volumes has outstrippedinvestments inroad infrastructure. The result has been a relentless increase intrafficcongestion. This paper reviews the economic principles behindcongestionpricing in static and dynamic settings, which derive from thebenefits...

Persistent link: https://www.econbiz.de/10011304387

A stochastic model of congestion caused by speed differences

Rouwendal, Jan; Verhoef, Erik T.; Rietveld, Piet; … - 2000

We study interaction between the trips of two types of drivers on a two-lane road who differ by their desired speeds. The difference in desired speeds causes congestion, because slow drivers force fast drivers to reduce their speed. An interesting aspect of this type of congestion is that...

Persistent link: https://www.econbiz.de/10011304397

Inside the queue

Verhoef, Erik T. - 2002

This paper develops a continuous-time -continuous-place economic model of road trafficcongestion with a bottleneck …: 'static flow congestion',originating in the works of Pigou, and 'dynamic bottleneck congestion', pioneered byVickrey. Because …. In a setting with endogenous departure timechoice and with a bottleneck along the route, it is shown that …

Persistent link: https://www.econbiz.de/10011326950

Congestion caused by speed differences

Verhoef, Erik T.; Rouwendal, Jan; Rietveld, Piet - 1997

In this paper, we investigate congestion caused by differences in desired or possible speeds. Especially outside peak hours, speed differences are probably one of the most important reasons for congestion. Although the model setting, with one lane and no overtaking, may seem simple at first...

Persistent link: https://www.econbiz.de/10010361655

Toll competition in congested transport networks

Verhoef, Erik T. (contributor) - 2008

Persistent link: https://www.econbiz.de/10003770647

Give or take? : rewards vs charges for a congested bottleneck

Rouwendal, Jan; Verhoef, Erik T.; Knockaert, Jasper - 2010

Persistent link: https://www.econbiz.de/10003985275

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