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Road users have heterogeneous preferences regarding travel choices, such as time-of-day to travel, routes, and willingness to carpool. Understanding the variation in preferences would allow better modeling of the temporal distribution of travel demand and the development of pricing policies....
Persistent link: https://www.econbiz.de/10010915993
This paper analyses the efficiency and distributional impacts of congestion pricing in Vickrey's (1969) dynamic bottleneck model of congestion, allowing for continuous distributions of values of time and schedule delay. We find that congestion pricing can leave a majority of travellers better...
Persistent link: https://www.econbiz.de/10010574310
heterogeneity in environmental preferences, car types, and income, the study further highlights that the effectiveness of such … with heterogeneity, nudging information may result in negative welfare effects by causing welfare-reducing swaps in road …
Persistent link: https://www.econbiz.de/10015175628
heterogeneity and real estate market distortions, zoning could be less efficient than, as efficient as, or more efficient than …
Persistent link: https://www.econbiz.de/10011541286
"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
We study different mixes of private and public supply of roads in a network with bottleneck congestion and heterogeneous users. In our setting, there are two parallel links for one origin and destination pair and two groups of travellers, where the group with higher value of time also has higher...
Persistent link: https://www.econbiz.de/10011602727
preference heterogeneity, bottleneck congestion and linear capacity cost. Previous work has shown that a sufficient condition for … user at all moments when their users travel. However, under 'ratio heterogeneity' between values of time (VOT) and schedule … 0% to 1.5%. We also analyze other forms of heterogeneity: proportional heterogeneity, heterogeneity in the preferred …
Persistent link: https://www.econbiz.de/10013279893
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