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, road congestion in the neighborhood (which affects the commuting costs of local residents) depends on the average amount of …
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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...
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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 …
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various complications that make simple textbook congestionpricingmodels of limited relevance, and dictate that congestion … pricingschemes bestudied from the perspective of the theory of the second best. Thesecomplications include pricing in networks …
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