Verhoef, Erik T.; Silva, Hugo E. - Tinbergen Instituut - 2015
Various contributions to the recent literature on congestion pricing have demonstrated that when services at a … congested airport, optimal congestion pricing rules deviate from the familiar Pigouvian rule that tolls be equal to the marginal … gain compared to the atomistic equilibrium (83% or more of the gain from first-best pricing in our numerical exercises). …