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can bias the welfare gains. We analyse the effects of tolling, in the bottleneck model, with continuous heterogeneity in …
Persistent link: https://www.econbiz.de/10011379639
rewards and taxes. The model considers a Vickrey-ADL model of bottleneck congestion with endogenous scheduling. With inelastic … efficiency viewpoint, because it attracts additional users to the congested bottleneck. As a result, both the second-best optimal …
Persistent link: https://www.econbiz.de/10011380921
The traditional bottleneck model for road congestion promotes the implementation of a triangular, fully time varying … traditional bottleneck model to analyse how the coarse charge can be differentiated over two groups of travellers assuming …
Persistent link: https://www.econbiz.de/10011381994
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 …
Persistent link: https://www.econbiz.de/10011382488
In recent years there has been a surge of interest in private toll roads as an alternative to public free-access road infrastructure. Private toll roads have gained favour for a variety of reasons, including theirpotential to alleviate traffic congestion, shrinking public funds for road...
Persistent link: https://www.econbiz.de/10010337323
This paper studies some of the properties and fundamentals of static models of road traffic congestion that have triggered much debate in the literature. The first part of the paper focuses in particular on the difficulties arising with the backward-bending cost curve in the context of...
Persistent link: https://www.econbiz.de/10010338461
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