HAU, TIMOTHY D.; LOO, BECKY P. Y.; WONG, K. I.; WONG, S. C. - In: The Singapore Economic Review (SER) 56 (2011) 04, pp. 467-488
This work estimates the distribution of a time-varying toll over a 24-hour period that minimizes the combined queue length of the three tunnels that traverse Hong Kong's Victoria Harbour, taking into account institutional constraints. Our results reveal that switching from a flat toll to a...