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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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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 …
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. 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 …
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