Showing 1 - 10 of 59
We explore the properties of various types of public and private pricing on acongested road network with heterogeneous users and allowing for elasticdemand. Heterogeneity is represented by a continuum of values of time. Thenetwork consists of both serial and parallel links, which allows us to...
Persistent link: https://www.econbiz.de/10010324676
, based on car-following theory. The model integrates twoarchetype congestion technologies used in the economics literature …: 'static flow congestion',originating in the works of Pigou, and 'dynamic bottleneck congestion', pioneered byVickrey. Because …
Persistent link: https://www.econbiz.de/10010324868
Conventional economic wisdom suggests that congestion pricing would be an appropriate response to cope with the growing … congestion levels currently experienced at many airports. Several characteristics of aviation markets, however, may make naive … congestion prices equal to the value of marginal travel delays a non-optimal response. This paper develops a model of airport …
Persistent link: https://www.econbiz.de/10010324757
We analyse the behaviour of market participants in a multi-modal commuter network where roads are not priced, but public transport has a usage fee, which is set while taking the effects on the roads into account. In particular, we analyse the difference between markets with a monopolistic public...
Persistent link: https://www.econbiz.de/10010326294
Transport has significant externalities including carbon emissions and air pollution. Public health research has identified additional social gains from active travel, due to health benefits of physical exercise. Per mile, these benefits greatly exceed the external costs from car use. We...
Persistent link: https://www.econbiz.de/10012425668
Pigovian transport pricing was implemented in a large-scale field experiment in urban areas of Switzerland. The pricing varied across time, space and mode of transport. One third of the participants were given a financial incentive to reduce their external costs of transport, whereas others were...
Persistent link: https://www.econbiz.de/10013269294
, which indicates that parking prices are effective at reducing congestion in the evening peak, but lesser in the morning peak. …
Persistent link: https://www.econbiz.de/10012605981
8 weeks. The pricing considers external costs from climate damages, health outcomes and congestion and varies across …
Persistent link: https://www.econbiz.de/10014540141
In this paper we explore the possible impact of urban congestion on agglomeration economies for a cross-section set of … size and congestion. We use population in each city in the 19th and early 20th century as instruments for current city size … previous research in the region. When congestion is included in the estimation, we find that agglomeration economies are …
Persistent link: https://www.econbiz.de/10014518257
take her own car will inflict a congestion cost on all travellers. To get the travellers to internalise these external … costs, a congestion charge has to be imposed. We derive an optimal congestion charge within in a discrete-choice framework …, with a benevolent government maximising expected tax-adjusted social surplus. The congestion charge to be imposed on …
Persistent link: https://www.econbiz.de/10010285587