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Previous studies on traffic congestion have emphasized supply-side instruments, such as the expansion of road capacity and improving the management of traffic. However, researchers on transportation have identified several paradoxes in which the usual remedy for congestion-expanding the road...
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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 …
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