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flow induced by the London Congestion Charge Zone using an instrumental variable approach. The charge attributed to a 9 …
Persistent link: https://www.econbiz.de/10012427180
The recent literature on congestion pricing with large agents contains a remarkable inconsistency: though agents are … large enough to recognize self-imposed congestion and exert market power over prices, they do not take into account the … impact of their own actions on the magnitude of congestion tolls. When large agents are confronted with tolls derived under …
Persistent link: https://www.econbiz.de/10005137055
In Europe, for many employees, the employer-provided car is the single most important fringe benefit. Company cars are provided by employers as fringe benefits to their employees at a much lower (implicit) price than employees pay in the car market, mainly because of favourable taxation of...
Persistent link: https://www.econbiz.de/10012726403
by airlines and chooses its own capacity under conditions of congestion. Congestion from intercontinental flights is …
Persistent link: https://www.econbiz.de/10014170917
This paper analyzes cordon tolling using a simple model where space is discrete rather than continuous, with commuting costs incurred only on two congested bridges. The first-best regime requires tolls on both bridges, whereas only the inner bridge is tolled under the cordon-toll regime. While...
Persistent link: https://www.econbiz.de/10010383240
A new paradigm for transport economists has been established: revenues of a welfare-maximising road tax should be employed to reduce the level of a distortionary income tax. An essential assumption to reach this conclusion is that the number of workdays is optimally chosen, whereas daily...
Persistent link: https://www.econbiz.de/10012719480
This paper analyzes cordon tolling using a simple model where space is discrete rather than continuous, with commuting costs incurred only on two congested bridges. The first-best regime requires tolls on both bridges, whereas only the inner bridge is tolled under the cordon-toll regime. While...
Persistent link: https://www.econbiz.de/10013049212
A new paradigm for transport economists has been established: revenues of a welfare-maximising road tax should be employed to reduce the level of a distortionary income tax. An essential modelling assumption to reach this conclusion is that the number of workdays is optimally chosen, whereas...
Persistent link: https://www.econbiz.de/10013146827
congestion. An important question is then to what extent travelers react to these forms of congestion by switching to other …. Our findings suggest that modal choice of beach travelers is sensitive to weather-induced congestion on roads to the beach … pricing of parking near beaches is suggested as a solution to reduce congestion and cruising for parking externalities. …
Persistent link: https://www.econbiz.de/10011043497
residents as jobs at every location. We extend the latter model by introducing a traffic congestion external effect that adds a … where commuting takes place. We show that this combination of congestion and agglomeration externalities leads to a general …
Persistent link: https://www.econbiz.de/10010931473