In most dynamic traffic congestion models, congestion tolls must vary continuously over time to achieve the full optimum. This is also the case in Vickrey (1969) ‘bottleneck model’. To date, the closest approximations of this ideal in practice have so-called ‘step tolls’, in which the...

This paper analyzes efficient pricing at a congested airport dominated by a single firm. Unlike much of the previous literature, we combine a dynamic bottleneck model of congestion and a vertical structure model that explicitly considers the role of airlines and passengers. We show that a...

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...

This paper analyzes efficient pricing at a congested airport dominated by a single firm. Unlike much of the previous literature, we combine a dynamic (bottleneck) model of congestion and a vertical structure model that explicitly considers the role of airlines and passengers. We show that when a...

This discussion paper resulted in a publication in the <A href="http://www.sciencedirect.com/science/article/pii/S0094119013000594"><I>Journal of Urban Economics</I></A>, 2014, 13-27.<P> This paper analyzes efficient pricing at a congested airport dominated by a single firm. Unlike much of the previous literature, we combine a dynamic (bottleneck) model of congestion and a vertical...</p></i></a>

This paper analyses optimal coarse tolling of congestion under heterogeneous preferences, and in particular its welfare and distributional effects. With coarse tolling, the toll equals a fixed value during the centre of the peak, whereas outside this period it is zero. This paper separately...

Most dynamic models of congestion pricing use fully time-variant tolls. However, in practice, tolls are uniform over the day, or at most have just a few steps. Such uniform and step tolls have received surprisingly little attention from the literature. Moreover, most models that do study them...

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...

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...

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...