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We consider a monocentric city where a traffic bottleneck is located at the entrance of the central business district. The commuters’ departure times from home, residential locations, and lot sizes, are all endogenous. We show that elimination of queuing time under optimal road pricing induces...
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The traditional bottleneck model for road congestion promotes the implementation of a triangular, fully time varying, charge as the optimal solution for the road congestion externality. However, cognitive and technological barriers put a practical limit to the degree of differentiation real...
Persistent link: https://www.econbiz.de/10008838643
When traveling in an autonomous car, the travel time can be used for performing activities other than driving. This paper distinguishes users' work-related and home-related activities in autonomous cars and proposes an activity-based bottleneck model to investigate travelers' behavior in the...
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We study how preference heterogeneity affects travel behavior and congestion pricing in a dynamic flow congestion model. We formulate and solve a multi-point optimal control problem using a Hamiltonian-based method to derive the social optimum. The properties of the travel equilibrium are...
Persistent link: https://www.econbiz.de/10014547729
The traditional bottleneck model for road congestion promotes the implementation of a triangular, fully time varying, charge as the optimal solution for the road congestion externality. However, cognitive and technological barriers put a practical limit to the degree of differentiation real...
Persistent link: https://www.econbiz.de/10010325982
This paper analyzes the possibilities to relieve congestion using rewards instead of taxes, as well as combinations of rewards and taxes. The model considers a Vickrey-ADL model of bottleneck congestion with endogenous scheduling. With inelastic demand, a fine (time-varying) reward is equivalent...
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