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Give or take? Rewards vs. Charges for a Congested Bottleneck

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

rewards and taxes. The model considers a Vickrey-ADL model of bottleneck congestion with endogenous scheduling. With inelastic … efficiency viewpoint, because it attracts additional users to the congested bottleneck. As a result, both the second-best optimal …

Persistent link: https://www.econbiz.de/10010326061

London Congestion Pricing – Implications for Other Cities

Litman, Todd - In: CESifo DICE Report 03 (2005) 3, pp. 17-21

Persistent link: https://www.econbiz.de/10011696554

Pricing, Capacity Choice and Financing in Transportation Networks

Verhoef, Erik T.; Rouwendal, Jan - 2003

This paper explores the interrelations between pricing, capacity choice and financingin transportation networks. It builds on the famous Mohring-Harwitz result on self-financing ofoptimally designed roads under optimal congestion pricing, and specifically investigates itsins and outs in a...

Persistent link: https://www.econbiz.de/10010324956

Second-best Pricing for Imperfect Substitutes in Urban Networks

Rouwendal, Jan; Verhoef, Erik T. - 2003

This paper considers second-best pricing as it arises through incomplete coverage of full networks. The main principles are first reviewed by considering the classic two-route problem and some extensions that have been studied more recently. In most of these studies the competing routes are...

Persistent link: https://www.econbiz.de/10010325058

Self-Financing Roads

Verhoef, Erik T.; Mohring, Herbert - 2007

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/10010325229

Pricing, Capacity and Long-run Cost Functions for First-best and Second-best Network Problems

Verhoef, Erik T.; Koh, Andrew; Shepherd, Simon - 2008

This paper considers the use of ‘long-run cost functions’ for congested networks in solving second-best network problems, in which capacity and tolls are instruments. We derive analytical results both for general cost and demand functions and for specific functional forms, namely Bureau of...

Persistent link: https://www.econbiz.de/10010325789

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/10010324868

Speed-Flow Relations and Cost Functions for Congested Traffic: Theory and Empirical Analysis

Verhoef, Erik T. - 2003

empirically using traffic data from a Dutch bottleneck. …

Persistent link: https://www.econbiz.de/10010324964

Bottleneck Congestion: Differentiating the Coarse Charge

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

The traditional bottleneck model for road congestion promotes the implementation of a triangular, fully time varying … traditional bottleneck model to analyse how the coarse charge can be differentiated over two groups of travellers assuming …

Persistent link: https://www.econbiz.de/10010325982

Second-best Congestion Pricing Schemes in the Monocentric City

Verhoef, Erik T. - 2004

Paper submission from Erik Verhoef (everhoef@econ.vu.nl)Discussion Paper Submission Form - STEP 1This discussion paper abstract is submitted by Erik Verhoef (everhoef@econ.vu.nl)Template-Type: ReDIF-Paper 1.0Series: Tinbergen Institute Discussion PapersCreation-Date: Number: Author-Name: Erik T...

Persistent link: https://www.econbiz.de/10010325187

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