Showing 1 - 10 of 106
This paper explores how the interaction between human-driven vehicles (HVs) cruising for parking and autonomous …, the introduction of AVs may increase or lower congestion depending on whether cruising or traveling back and forth …. Specifically, when both HVs' cruising congestion and AVs' back-and-forth congestion are heavy, the efficiency of pricing is lower …
Persistent link: https://www.econbiz.de/10014530219
Through an extended numerical example, this paper develops a diagrammatic analysis of steady-state parking and traffic congestion in an isotropic downtown and provides systematic policy analysis. Unlike our previous work, the model incorporates curbside parking, garage parking, and...
Persistent link: https://www.econbiz.de/10011513907
Persistent link: https://www.econbiz.de/10010324644
This paper studies some of the properties and fundamentals of static models of road traffic congestion that have triggered much debate in the literature. The first part of the paper focuses in particular on the difficulties arising with the backward-bending cost curve in the context of...
Persistent link: https://www.econbiz.de/10010324691
This paper provides a link between car following theory and the economic theoryof road congestion by means of a theory of speed choice. According to this theory speedchoice is based on a trade-off between the benefits (shorter travel time) and cost (higheraccident risk) of driving faster....
Persistent link: https://www.econbiz.de/10010324832
This paper develops a continuous-time -continuous-place economic model of road trafficcongestion with a bottleneck, based on car-following theory. The model integrates twoarchetype congestion technologies used in the economics literature: 'static flow congestion',originating in the works of...
Persistent link: https://www.econbiz.de/10010324868
This paper explores the interrelations between pricing, capacity choice and financingin transportation networks. It builds on the famous Mohring-Harwitz result on self-financing ofoptimally designed roads under optimal congestion pricing, and specifically investigates itsins and outs in a...
Persistent link: https://www.econbiz.de/10010324956
This paper considers second-best pricing as it arises through incomplete coverage of full networks. The main principles are first reviewed by considering the classic two-route problem and some extensions that have been studied more recently. In most of these studies the competing routes are...
Persistent link: https://www.econbiz.de/10010325058
Paper submission from Erik Verhoef (everhoef@econ.vu.nl)Discussion Paper Submission Form - STEP 1This discussion paper abstract is submitted by Erik Verhoef (everhoef@econ.vu.nl)Template-Type: ReDIF-Paper 1.0Series: Tinbergen Institute Discussion PapersCreation-Date: Number: Author-Name: Erik T...
Persistent link: https://www.econbiz.de/10010325187
Mohring and Harwitz (1962) showed that, under certain conditions, an optimally designed and priced road would generate user toll revenues just sufficient to cover its capital costs. Several scholars subsequently explored the robustness of that finding. This paper briefly summarizes further...
Persistent link: https://www.econbiz.de/10010325229