paper documents that highway widenings considerably reduce congestion in the short run, defined here as 6 years. Using … costs. Our paper contributes to an explanation why countries invest in roadworks even when the fundamental law of congestion …

Congestion has become a problem for many airports throughout the world. Two different policy options to control … congestion are analyzed in this paper: slot constraints and congestion pricing. In particular, our model takes into account that … constraints compared to congestion pricing from a social point of view. In contrast, for monopolistic airports, prices as …

In studying congestion tolling, it is important to account for heterogeneity in preferences of drivers, as ignoring it … can bias the welfare gains. We analyse the effects of tolling, in the bottleneck model, with continuous heterogeneity in …

The traditional bottleneck model for road congestion promotes the implementation of a triangular, fully time varying …, charge as the optimal solution for the road congestion externality. However, cognitive and technological barriers put a … traditional bottleneck model to analyse how the coarse charge can be differentiated over two groups of travellers assuming …

The purpose of the presentation is to analyze the labor market effects of a congestion charge when commuters have … continuously distributed value of time. Since a congestion charge raises the cost of commuting to work, it can decrease employment … loss from the decreased employment can even exceed the Pigouvian welfare gain from internalizing the congestion externality …

In most dynamic traffic congestion models, congestion tolls must vary continuously over time to achieve the full … optimum. This is also the case in Vickrey's (1969) 'bottleneck model'. To date, the closest approximations of this ideal in … literature. This paper compares two step-toll schemes that have been studied using the bottleneck model by Arnott, de Palma and …