Showing 1 - 10 of 181
‘Robot cars' are cars that allow for automated driving. By allowing cars to safely drive closer together than human driven ‘normal cars' do, robot cars raise road capacity. By allowing drivers to perform other activities in the vehicle, they lower the value of travel time delays (VOT). We...
Persistent link: https://www.econbiz.de/10013004695
This paper analyzes efficient pricing at a congested airport dominated by a single firm. Unlike much of the previous literature, we combine a dynamic bottleneck model of congestion and a vertical structure model that explicitly considers the role of airlines and passengers. We show that a...
Persistent link: https://www.econbiz.de/10010753565
Persistent link: https://www.econbiz.de/10001528926
This paper deals with first-best and second-best congestion pricing of a stylised two-link network with probabilistic route choice of travellers. Travellers may have heterogeneous values of travel times and may differ in their idiosyncratic route preferences. We derive first-best and second-best...
Persistent link: https://www.econbiz.de/10010370658
This paper studies a Stated Preference (SP) experiment on the choice of type of (Rail) season card, conducted among current Dutch Railways season cardholders. They were asked to choose from the following three alternatives: (1) an unrestricted season card, (2) a cheaper season card with peak...
Persistent link: https://www.econbiz.de/10013150864
We study how preference heterogeneity affects travel behavior and congestion pricing in a dynamic flow congestion model. We formulate and solve a multi-point optimal control problem using a Hamiltonian-based method to derive the social optimum. The properties of the travel equilibrium are...
Persistent link: https://www.econbiz.de/10014515966
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/10009201124
Mohring and Harwitz (1962) showed that, under certain conditions, an optimally designed and priced road would generate user toll revenues just sufficient to cover its capital costs. Several scholars subsequently explored the robustness of that finding. This paper briefly summarizes further...
Persistent link: https://www.econbiz.de/10011255592
Various contributions to the recent literature on congestion pricing have demonstrated that when services at a congestible facility are provided by operators with market power, the case in point often being a few airlines jointly using a congested airport, optimal congestion pricing rules...
Persistent link: https://www.econbiz.de/10011255746
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/10011255748