authority in terms of population is obtained where the increase in proprietary risks due to congestion meets the decrease in …

agglomeration and congestion. The main finding is that the negative effect of congestion on productivity is highly likely to …

agglomeration and congestion. The main finding is that the negative effect of congestion on productivity is highly likely to …

, 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 …

In this paper we study how congestion and residential movingbehaviour are interrelated using a two-region job search …. This choice affects the external costs ofcommuting due to congestion. The welfare maximizing road tax is derived ….We demonstrate that road pricing may not only reduce congestion but alsoincrease total residential moving costs in the economy. One …

literature, we combine a dynamic (bottleneck) model of congestion and a vertical structure model that explicitly considers the … congestion toll that is derived for fully atomistic carriers to both leader and fringe yields the first-best outcome. This holds … regardless of the leader's internalization of congestion in the unregulated equilibrium, and regardless of the assumed demand …

agglomeration externalities. We extend this model by introducing a traffic congestion externality. We show that congestion induces a … interplay between these externalities is then demonstrated, as reduced congestion leads to commercial concentration and …