Deterministic congestion pricing has attracted most attentions in the literature. But little attention has been given to pricing under uncertainty, especially for heterogeneous commuters. In this paper, we investigate congestion externalities by considering commuters’ risk preferences and...

Historically, congestion pricing is considered to be an efficient mechanism used to decrease total social cost by charging users' true costs including congestion externalities. Congestion pricing under uncertainty has been relatively little studied. In this paper, we review the literature on...

Department: Business.