In countries, such as Singapore, that have implemented vehicle congestion policies, recent years have seen a shift …, we investigate the relative merits of ownership and use taxes. We compare full internalisation of congestion … congestion damage rises with more trips. Ownership taxes only partially internalise congestion externalities. However, in terms …

paper studies toll competition among private roads with congestion. The paper derives two main results. First, we find … sufficient conditions for the existence of an equilibrium in pure strategies with strictly positive tolls. Equilibrium congestion …-of-pocket cost paid by a user, it increases the congestion cost thereby reducing the drivers' willingness to pay for using the road …

indistinguishable, then congestion charges must be anonymous. Second, the time variation of congestion charges may be constrained. Do … if the time variation of congestion charges is unconstrained, then marginal cost pricing is feasible with anonymous … congestion charges. If, however, the time variation of congestion charges is constrained, optimal pricing with anonymous …

We exploit the introduction of electronic toll collection, (E-ZPass), which greatly reduced both traffic congestion and … changes. The results are robust to many changes in specification and suggest that traffic congestion contributes significantly …

Developing country megacities suffer from severe road traffic congestion, yet the level of congestion is not a direct … measure of equilibrium inefficiency. I study the peak-hour traffic congestion equilibrium in Bangalore. To measure travel … preferences, I use a model of departure time choice to design a field experiment with congestion pricing policies and implement it …

We characterize optimal urban transportation policies in the presence of congestion and environmental externalities and …