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Persistent link: https://www.econbiz.de/10005394707
Truck-only lanes and tollways are under study as tools to combat road congestion, enhance safety and reduce other external costs of road traffic. This paper investigates the potential benefits from separating cars and trucks onto different lanes or routes while treating road infrastructure as...
Persistent link: https://www.econbiz.de/10005394939
Uncertainty about usage conditions is common in many congestible facilities. In this paper, the authors consider the effects of providing information to prospective users under three regimes: free access, nonresponsive congestion tolling, and responsive tolling based on current information. With...
Persistent link: https://www.econbiz.de/10005466923
According to the Cost Recovery Theorem the revenues from congestion tolls pay for optimal capacity of a facility if user costs are homogeneous of degree zero in usage and capacity, and if capacity is perfectly divisible and supplied with a unit cost elasticity. This paper examines the robustness...
Persistent link: https://www.econbiz.de/10004973846
This paper analyzes traffic bottleneck congestion when drivers randomly cause incidents that temporarily block the bottleneck. Drivers have general scheduling preferences for time spent at home and at work. They independently choose morning departure times from home to maximize expected utility...
Persistent link: https://www.econbiz.de/10011110840
In recent years there has been a surge of interest in private toll roads as an alternative to public free-access road infrastructure. Private toll roads have gained favour for a variety of reasons, including theirpotential to alleviate traffic congestion, shrinking public funds for road...
Persistent link: https://www.econbiz.de/10011257262
This paper investigates the existence and uniqueness of equilibrium in the Vickrey bottleneck model when each user controls a positive fraction of total traffic. Users simultaneously choose departure schedules for their vehicle fleets. Each user internalizes the congestion cost that each of its...
Persistent link: https://www.econbiz.de/10011261921
Persistent link: https://www.econbiz.de/10011202355
According to the seminal Cost Recovery Theorem the revenues from congestion tolls pay for the capacity costs of an optimal-sized facility if capacity is perfectly divisible, and if user costs and capacity costs have constant scale economies. This paper extends the Theorem to long-run uncertainty...
Persistent link: https://www.econbiz.de/10010821262
A proposal has been made to build a new tunnel under the Scheldt River near the centre of Antwerp in order to relieve traffic congestion on the ring road and in an existing tunnel. The new tunnel is expected to cost more than €1 billion, and tolls have been suggested to help finance...
Persistent link: https://www.econbiz.de/10010902454