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This paper analyzes cordon tolling using a simple model where space is discrete rather than continuous, with commuting costs incurred only on two congested bridges. The first-best regime requires tolls on both bridges, whereas only the inner bridge is tolled under the cordon-toll regime. While...
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The likely resurgence of air traffic in the U.S. means that airport congestion is a problem that must soon be … imposed at selected U.S. airports in the relatively near future. The theory developed in this paper, which extends the results … theory says that the congestion tolls levied on the various airlines at a particular airport should generally be different …
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