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We analyse congestion pricing in a road and rail network with heterogeneous users. On the road there is bottleneck congestion. In the train there is crowding congestion. We separately analyse "proportional heterogeneity" that varies the values of time and schedule delay scalarly in fixed...
Persistent link: https://www.econbiz.de/10014184417
This paper analyzes e fficient 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...
Persistent link: https://www.econbiz.de/10013090922
This study studies nudging information as a strategy that can complement or substitute externality pricing, by influencing commuter behavior through awareness of the health and environmental impacts of their choices. We develop a bi-modal model with road and metro commuters, with bottleneck...
Persistent link: https://www.econbiz.de/10015175628
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There has been wide interest in private supply of roads as a solution to traffic congestion. We study its efficiency under demand uncertainty: we solve for equilibrium and optimum as benchmarks, and evaluate the efficiency of possible regulatory policies for private road operators. We obtain...
Persistent link: https://www.econbiz.de/10011302395
"Robot cars" are cars that allow for automated driving. They can drive closer together than human driven "normal cars" and thereby raise road capacity. Obtaining a robot car instead of a normal car can also be expected to lower the userś value of time losses (VOT), because travel time can be...
Persistent link: https://www.econbiz.de/10010532595
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's (1969) 'bottleneck model'. To date, the closest approximations of this ideal in practice have so-called 'step tolls', in which the toll...
Persistent link: https://www.econbiz.de/10011382488
We analyse congestion pricing in a road and rail network with heterogeneous users. On the road there is bottleneck congestion. In the train there is crowding congestion. We separately analyse proportional heterogeneity that varies the values of time and schedule delay scalarly in fixed...
Persistent link: https://www.econbiz.de/10011386189