Angesichts der Zunahme von Staus auf Autobahnen werden die Rufe nach höheren Investitionen in die Fernstraßeninfrastruktur immer lauter. Abhilfe soll vor allem der Ausbau überlasteter Autobahnabschnitte auf sechs oder gar acht Spuren schaffen. Doch der Autobahnausbau verursacht hohe Kosten...

Angesichts der Zunahme von Staus auf Autobahnen werden die Rufe nach höheren Investitionen in die Fernstraßeninfrastruktur immer lauter. Abhilfe soll vor allem der Ausbau überlasteter Autobahnabschnitte auf sechs oder gar acht Spuren schaffen. Doch der Autobahnausbau verursacht hohe Kosten...

A new paradigm for transport economists has been established: revenues of a welfare-maximising road tax should be employed to reduce the level of a distortionary income tax. An essential modelling assumption to reach this conclusion is that the number of workdays is optimally chosen, whereas...

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 literature. Moreover, most models that do study them assume...

Evidence suggests that a considerable proportion of peak period trips aremade for purposes other than commuting to or from work.given the differentdegrees of Hicksian complementarity with the labour market, optimal taxtheory suggests that, in a second-best world, different trip purposes shouldbe...

The theory of road pricing developed for single links suggests time andlocation varying charges equal to the marginal congestion cost at the efficientlevel of traffic. The second-best network counterpart is derived, but would beinfeasible to implement. Cordon tolls are feasible, and their...

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...

Mohring and Harwitz (1962) showed that, under certain conditions, an optimally designed and priced road would generate user toll revenues just sufficient to cover its capital costs. Several scholars subsequently explored the robustness of that finding. This paper briefly summarizes further...

This paper studies the efficiency impacts of private toll roads in initially untolled networks. The analysis allows for capacity and toll choice by private operators, and endogenizes entry and therewith the degree of competition, distinguishing and allowing for both parallel and serial...

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...