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Persistent link: https://www.econbiz.de/10009545032
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This paper studies the second-best problem where not all links of acongested transportation network can be tolled. The second-best taxrule for this problem is derived for general static networks, so thatthe solution presented is valid for any graph of the network, and forany set of tolling...
Persistent link: https://www.econbiz.de/10011299979
We explore the properties of various types of public and private pricing on acongested road network with heterogeneous users and allowing for elasticdemand. Heterogeneity is represented by a continuum of values of time. Thenetwork consists of both serial and parallel links, which allows us to...
Persistent link: https://www.econbiz.de/10011302138
Transportation researchers have long struggled to find satisfactory ways ofdescribing and analysing traffic congestion … congestion on an isolatedroad under stationary conditions. We set up the supply-demand framework usedto characterize equilibrium …
Persistent link: https://www.econbiz.de/10011302617
various complications that make simple textbook congestionpricingmodels of limited relevance, and dictate that congestion …
Persistent link: https://www.econbiz.de/10011304387
. 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/10011304397
This paper considers the second-best problem where not all links of a congested transportation networkcan be tolled. The paper builds on earlier work, in which the second-best tax rule for this problem wasderived for general static networks, so that the solution presented is valid for any graph...
Persistent link: https://www.econbiz.de/10011304404
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 …
Persistent link: https://www.econbiz.de/10011338004
, 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 …
Persistent link: https://www.econbiz.de/10011326950