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Persistent link: https://www.econbiz.de/10009724348
We analyse the behaviour of market participants in a multi-modal commuter network where roads are not priced, but public transport has a usage fee, which is set while taking the effects on the roads into account. In particular, we analyse the difference between markets with a monopolistic public...
Persistent link: https://www.econbiz.de/10013098542
The routes of early railways around the world were generally inefficient because the prevailing doctrine of the time called for concentrating on provision of fast service between major cities and neglect of local traffic. Modern planners rely on methods such as the "gravity models of spatial...
Persistent link: https://www.econbiz.de/10014142634
Optimal pricing facilitates attainment of specific goals. The optimum price to achieve profit maximization may differ from the one needed to maximize welfare or to ensure the highest revenue. Profit maximization is the traditional motivation of the private firms. In case of private monopoly...
Persistent link: https://www.econbiz.de/10014255360
Pollution and congestion in urban areas are serious externalities that can be mitigated through the adoption of either price- or quantity-based mechanisms. While price restrictions are occasionally applied, quantity constraints based on car vintage are becoming increasingly popular. Our model...
Persistent link: https://www.econbiz.de/10012823704
The great weight that the car has as a means of mobility in large cities generates significant negative externalities both in terms of pollution and congestion. The goal of this paper is to examine the effectiveness of low emission zones (LEZ), which are being implemented extensively in Europe....
Persistent link: https://www.econbiz.de/10012850814
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...
Persistent link: https://www.econbiz.de/10009557893
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...
Persistent link: https://www.econbiz.de/10011400380
"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...
Persistent link: https://www.econbiz.de/10010532595
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...
Persistent link: https://www.econbiz.de/10011283470