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We estimate the marginal external congestion cost of motor-vehicle travel for Rome, Italy, using a methodology that accounts for hypercongestion (a situation where congestion decreases a road's throughput). We show that the external cost - even when roads are not hypercongested - is substantial,...
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Ride-hailing applications create new challenges for governments providing transit services, but also create new opportunities to raise tax revenue. To shed light on the effect of taxing or subsidizing ride-hailing applications, we extend a pseudo-monocentric city model to include multiple...
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The theory of road pricing developed for single links suggests time andlocation varying charges equal to the marginal …
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pricingschemes bestudied from the perspective of the theory of the second best. Thesecomplications include pricing in networks …
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