Showing 1 - 10 of 104
, based on car-following theory. The model integrates twoarchetype congestion technologies used in the economics literature …: 'static flow congestion',originating in the works of Pigou, and 'dynamic bottleneck congestion', pioneered byVickrey. Because …
Persistent link: https://www.econbiz.de/10011255871
We explore the properties of various types of public and private pricing on acongested road network with heterogeneous users and allowing for elasticdemand. Heterogeneity is represented by a continuum of values of time. Thenetwork consists of both serial and parallel links, which allows us to...
Persistent link: https://www.econbiz.de/10011256416
This paper analyzes the effects of price differentiation and discrimination by a monopolistic transport operator, which sets fares in a congestible network. Using three models, with different spatial structures, we describe the operator’s optimal strategies in an unregulated market, a market...
Persistent link: https://www.econbiz.de/10011261932
-277.<P> Conventional economic wisdom suggests that congestion pricing would be an appropriate response to cope with the … growing congestion levels currently experienced at many airports. Several characteristics of aviation markets, however, may … make naive congestion prices equal to the value of marginal travel delays a non-optimal response. This paper develops a …
Persistent link: https://www.econbiz.de/10011255935
This discussion paper resulted in a publication in <A HREF="http://www.sciencedirect.com/science/article/pii/S019126151300043X">'Transportation Research Part B: Methodological'</A>, 2013, 53, 31-44. We analyse the behaviour of market participants in a multi-modal commuter network where roads are not priced, but public transport has a usage fee, which is set while taking the...</a>
Persistent link: https://www.econbiz.de/10011257596
that finding. This paper briefly summarizes further research on the relationship between congestion-toll revenues and road …
Persistent link: https://www.econbiz.de/10011255592
larger houses, causing urban sprawl. This is opposite to the typical results of urban models with static congestion, which …
Persistent link: https://www.econbiz.de/10011255885
This paper considers second-best pricing as it arises through incomplete coverage of full networks. The main principles are first reviewed by considering the classic two-route problem and some extensions that have been studied more recently. In most of these studies the competing routes are...
Persistent link: https://www.econbiz.de/10011255998
This paper considers the use of ‘long-run cost functions’ for congested networks in solving second-best network problems, in which capacity and tolls are instruments. We derive analytical results both for general cost and demand functions and for specific functional forms, namely Bureau of...
Persistent link: https://www.econbiz.de/10011256078
A dynamic 'car-following' extension of the conventional economic model of traffic congestion is presented, which …
Persistent link: https://www.econbiz.de/10011256503