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The authors explore the properties of various types of public and private pricing on a congested road network, with heterogeneous users, and allowing for elastic demand. The network allows them to model certain features of real-world significance: pricing restrictions on either complementary or...
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Paper submission from Erik Verhoef (everhoef@econ.vu.nl) Discussion Paper Submission Form - STEP 1 This discussion paper abstract is submitted by Erik Verhoef (everhoef@econ.vu.nl) Template-Type: ReDIF-Paper 1.0 Series: Tinbergen Institute Discussion Papers Creation-Date: <invullen> Number: <invullen> Author-Name:...</invullen></invullen>
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This paper studies urban sustainability from the perspective of externalities. We develop a general spatial equilibrium model of a monocentric city, in which two types of externalities occur. On the one hand, pollution in the industrial centre leads to a spatially differentiated deterioration of...
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This paper presents a framework for analysing spatial aspects of environmental policies in the regulation of trans-boundary externalities. A spatial price equilibrium model for two regions is constructed, where interactions between these regions can occur via trade and transport, via mutual...
Persistent link: https://www.econbiz.de/10005137041
The recent literature on congestion pricing with large agents contains a remarkable inconsistency: though agents are large enough to recognize self-imposed congestion and exert market power over prices, they do not take into account the impact of their own actions on the magnitude of congestion...
Persistent link: https://www.econbiz.de/10005137055
This study presents a model for exploring the interactions between a transport market and a monopolistic market for advanced traveller information systems (ATIS). We examine the properties of the information market, and in particular, the relationship between monopoly information pricing and...
Persistent link: https://www.econbiz.de/10005137058
This paper investigates strategic interactions between a private highway operator and a private transit operator who uses the same highway for its services. Heterogeneity of travellers is taken into account by considering a continuous distribution of values of time. Demand elasticity arises from...
Persistent link: https://www.econbiz.de/10005137164