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Regulating dynamic congestion externalities with tradable credit schemes : does a unique equilibrium exist?

Bao, Yue; Verhoef, Erik T.; Koster, Paul - 2019

of congestion externalities. We show in this paper that the resulting equilibrium may not be unique for particular models … of congestion, including the first-best solution for the conventional Vickrey's bottleneck model. This can have … bottleneck model if the buying and selling of credits with a bank is allowed, against a pre-determined price. Credits are then …

Persistent link: https://www.econbiz.de/10011979963

Welfare losses of road congestion

Russo, Antonio; Adler, Martin W; Liberini, Federica; … - 2019 - This version: May 2019

We estimate the marginal external congestion cost of motor-vehicle travel for Rome, Italy, using a methodology that accounts for hypercongestion (a situation where congestion decreases a road's throughput). We show that the external cost - even when roads are not hypercongested - is substantial,...

Persistent link: https://www.econbiz.de/10012029052

Pareto improvements from Lexus Lanes : the effects of pricing a portion of the lanes on congested highways

Hall, Jonathan Daines - In: Journal of public economics 158 (2018), pp. 113-125

Persistent link: https://www.econbiz.de/10012035187

When is increasing consumption of common property optimal? : sorting, congestion and entry in the commons

Hughes, Jonathan E.; Kaffine, Daniel - In: Journal of environmental economics and management : … 81 (2017), pp. 227-242

Persistent link: https://www.econbiz.de/10011846841

Traffic paradoxes and economic solutions

Ding, Chengri; Song, Shunfeng - In: Journal of urban management 1 (2012) 1, pp. 63-76

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...

Persistent link: https://www.econbiz.de/10011867063

Sharing diseconomy : impact of the subsidy war of ride-sharing companies on urban congestion

Hang, Chengzheng; Liu, Zhenfei; Wang, Yujing; Hu, Caiyi; … - In: International journal of logistics : research and … 22 (2019) 5, pp. 491-500

Persistent link: https://www.econbiz.de/10012203868

Commuting subsidies in Belgium : implementation in the PLANET model

Laine, Benoît; Van Steenbergen, Alex - 2016

Persistent link: https://www.econbiz.de/10011739551

Congestion, agglomeration, and the structure of cities

Brinkman, Jeffrey C. - In: Journal of urban economics 94 (2016), pp. 13-31

Persistent link: https://www.econbiz.de/10011636543

Optimal policies in cities with congestion and agglomeration externalities : congestion tolls, labor subsidies, and place-based strategies

Zhang, Wenjia; Kockelman, Kara M. - In: Journal of urban economics 95 (2016), pp. 64-86

Persistent link: https://www.econbiz.de/10011636609

General Geographical Economics Model with Congestion

van Marrewijk, Charles - 2005

We derive and discuss a general, but simple geographical economics model with congestion, allowing us to explain the economic viability of small and large locations. The model generalizes some previous work and lends itself to analyzing the impact of public policy in terms of infrastructure...

Persistent link: https://www.econbiz.de/10014061394