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Most dynamic models of congestion pricing use fully time-variant tolls. However, in practice, tolls are uniform over … the day or at most have a few steps. Such uniform and step tolls have received surprisingly little attention from the … making consumers better off. This makes it important for real-world tolls to have as many steps as possible: this not only …
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implement. Cordon tolls are feasible, and their optimal levelcomputed for eight towns. A cost-benefit study showed that with a … of cordon tolls aremeasured and shown to correlate with optimal congestion tolls, but to bemodest in size and not to …
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"Robot cars" are cars that allow for automated driving. They can drive closer together than human driven "normal cars" and thereby raise road capacity. Obtaining a robot car instead of a normal car can also be expected to lower the userś value of time losses (VOT), because travel time can be...
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This paper presents a dynamic model of road traffic congestion based on simple carfollowing theory, allowing for finite group velocity and discrete vehicles. The model offers a full-fledged dynamic version of the standard static model of road traffic congestion based on the so-called...
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This paper studies the regulation of an airline duopoly on a congested airport. Regulation should then address two market failures: uninternalized congestion, and overpricing due to market power. We find that first-best charges are differentiated over airlines if asymmetric, and completely drive...
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impact of their own actions on the magnitude of congestion tolls. When large agents are confronted with tolls derived under …
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