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, based on car-following theory. The model integrates twoarchetype congestion technologies used in the economics literature …: 'static flow congestion',originating in the works of Pigou, and 'dynamic bottleneck congestion', pioneered byVickrey. Because …This paper develops a continuous-time -continuous-place economic model of road trafficcongestion with a bottleneck …
Persistent link: https://www.econbiz.de/10010324868
In this paper, we present a model in which the performing arts are modelled as congestible public goods. In accordance with empirical evidence, the production of seat capacity is assumed to be subject to fixed costs. We estimate the parameters of the model's demand and cost functions using...
Persistent link: https://www.econbiz.de/10010296236
rewards and taxes. The model considers a Vickrey-ADL model of bottleneck congestion with endogenous scheduling. With inelastic …This paper analyzes the possibilities to relieve congestion using rewards instead of taxes, as well as combinations of … 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
We analyze the welfare effects of part-day teleworking on road traffic congestion in the context of Vickrey's dynamic … bottleneck model. Endogenous decisions to become equipped with a teleworking-enabling technology change the scheduling of arrival … times at work for equipped drivers and, due to congestion externalities, affects travel costs of all drivers. We show that …
Persistent link: https://www.econbiz.de/10010326438
. 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 results with respect to tolling are very different from those of the …
Persistent link: https://www.econbiz.de/10010324521
to reconstruct the logical evolution of the theory behind rp in order to understand why there has been scarce policy …
Persistent link: https://www.econbiz.de/10011608468
builds on the famous Mohring-Harwitz result on self-financing ofoptimally designed roads under optimal congestion pricing …
Persistent link: https://www.econbiz.de/10010324956
way that is consistent with economic theory. The model is used to consider situations in which one route or mode cannot be …
Persistent link: https://www.econbiz.de/10010325058
-BEST CONGESTION PRICING SCHEMES IN THE MONOCENTRIC CITYAbstract:This paper considers second-best congestion pricing in the monocentric … that allows consideration of the three-way interactions between urban density, traffic congestion and labour supply …. Congestion pricing schemes are analyzed that are second-best ‘by design’ (and not because distortions exist elsewhere in the …
Persistent link: https://www.econbiz.de/10010325187
that finding. This paper briefly summarizes further research on the relationship between congestion-toll revenues and road …
Persistent link: https://www.econbiz.de/10010325229