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This paper extends an earlier paper by the authors ("Maintenance and congestion pricing with competing roads" presented at ERSA 2005) by introducing two user groups: heavy and light vehicles (viz. trucks and cars). This extension is important since heavy vehicles generate higher congestion and...
Persistent link: https://www.econbiz.de/10011325546
A proposal has been made to build a new tunnel under the Scheldt River near the centre of Antwerp in order to relieve traffic congestion on the ring road and in an existing tunnel. The new tunnel is expected to cost more than €1 billion, and tolls have been suggested to help finance...
Persistent link: https://www.econbiz.de/10010902454
The merits of separating cars and trucks have long been debated. Potential advantages include smoother traffic flows, lower accident rates, improved air quality and reduced maintenance and road infrastructure costs. Large trucks are often banned from urban roads and restricted to certain lanes...
Persistent link: https://www.econbiz.de/10013169821
Many transport and other service problems come down to simple network choices: what mode and/or route to take, when some of the routes and modes are congested and their use can be priced or not priced by different operators. The operators can have different objectives and face different market...
Persistent link: https://www.econbiz.de/10010907846
Thie paper proves the existence of a symmetric equilibrium with multiproduct firms using a nested logit model of demand. The demand model is parametrized by two variable which characterize different dimensions of preference variety. These reflect intragroup heterogeneity and intergropu...
Persistent link: https://www.econbiz.de/10005588726
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We analyze the incidence of ad valorem and unit excise taxes in an oligopolistic industry with differentiated products and price-setting (Bertrand) firms. Both taxes may be passed on to consumers by more than 100 percent, and an increase in the tax rate can increase short run firm profits (and...
Persistent link: https://www.econbiz.de/10005802022
This paper lays out and elaborates upon the properties of an extended Chamberlinian model with applications both in Industrial Organization and Economic Geography/ Urban Economics. The framework is used to explain the impact of some major changes over the last two centuries: reductions in...
Persistent link: https://www.econbiz.de/10005802024
This paper considers the relative efficiency of ad valorem and unit taxes in imperfectly competitive markets. We provide a simple proof that ad valorem taxes are welfare-superior to unit taxes in the short run when production costs are identical across firms. The proof covers differentiated...
Persistent link: https://www.econbiz.de/10005750338