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This article reviews and compares the results of four modelling case studies of urban road pricing implementation that were carried out for the MC-ICAM project. The studies all concern large cities in Western Europe (Paris, Brussels, Oslo and Helsinki) and they all examine phased implementation...
Persistent link: https://www.econbiz.de/10005093666
We investigate the effect of information on participation and time of use decisions in a free access congestible facility subject to fluctuations in capacity and demand. Expected welfare is greater with perfect than with zero information, while optimal design capacity is greater if and only if...
Persistent link: https://www.econbiz.de/10005102705
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Recent success in introducing road pricing, as well as recent polls suggest that road pricing schemes are politically viable if a large majority of drivers benefit. In this paper we analyze the welfare effects of an optimal time-varying toll impose during the morning commute. The toll tends to...
Persistent link: https://www.econbiz.de/10005074092
This paper presents and illustrates a comprehensive and operational model for assessing transport pricing and investment policies and regulatory regimes. The approach encompasses intra-modal as well as inter-modal competition, and could be used either by private operators or by the legislator...
Persistent link: https://www.econbiz.de/10005817524
How rapidly should a country exploit a nonrenewable resource if supplementary imports are insecure? With lags in domestic supply adjustment, speeding up extraction will reduce near-term losses in a disruption, but reserves will be depleted more quickly, leading to greater future import...
Persistent link: https://www.econbiz.de/10005608768
This paper extends an earlier paper by the authors ("Maintenance and congestion pricing with competing roads" presented at ERSA 2005) by introducing two user groups: heavy and light vehicles (viz. trucks and cars). This extension is important since heavy vehicles generate higher congestion and...
Persistent link: https://www.econbiz.de/10005747720
This paper considers the modeling of road congestion subject to peak-load demand. The standard model contains ambiguities and is poorly specified. These problems can be eliminated by working with a structural model that explicitly treats the congestion technology and drivers' behavioral...
Persistent link: https://www.econbiz.de/10005757016
This paper is the first in a series of papers which examine the economics of congestable facilities with peak-load demand, provides a thorough analysis of the simplest bottleneck model: A fixed number of individuals, one per car, must travel from home to work. Between home and work is a...
Persistent link: https://www.econbiz.de/10005787673