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Manipulable congestion tolls
Brueckner, Jan K.; Verhoef, Erik T. - 2009
The recent literature on congestion pricing with large agents contains a remarkable inconsistency: though agents are … large enough to recognize self-imposed congestion and exert market power over prices, they do not take into account the … impact of their own actions on the magnitude of congestion tolls. When large agents are confronted with tolls derived under …
Persistent link: https://www.econbiz.de/10011377567
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Probabilistic choice and congestion pricing with heterogeneous travellers and price-sensitive demand
Koster, Paul; Verhoef, Erik T.; Shepherd, Simon; … - 2014
This paper deals with first-best and second-best congestion pricing of a stylised two-link network with probabilistic …
Persistent link: https://www.econbiz.de/10010370658
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Manipulable Congestion Tolls
Brueckner, Jan K.; Verhoef, Erik T. - 2009
The recent literature on congestion pricing with large agents contains a remarkable inconsistency: though agents are … large enough to recognize self-imposed congestion and exert market power over prices, they do not take into account the … impact of their own actions on the magnitude of congestion tolls. When large agents are confronted with tolls derived under …
Persistent link: https://www.econbiz.de/10014210600
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Probabilistic Choice and Congestion Pricing with Heterogeneous Travellers and Price-Sensitive Demand
Koster, Paul - 2014
This paper deals with first-best and second-best congestion pricing of a stylised two-link network with probabilistic …
Persistent link: https://www.econbiz.de/10013051666
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Efficiency of decentralized road investment and pricing in a multi-jurisdictional city with spillovers
Brueckner, Jan K. - 2013
This paper shows that the inefficiency of fiscal decentralization in the presence of spillovers, a main tenet of the decentralization literature, is overturned in a particular transportation context. In a monocentric city where road (bridge) capacity is financed by budget-balancing user fees,...
Persistent link: https://www.econbiz.de/10009792215
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Efficiency of Decentralized Road Investment and Pricing in a Multi-Jurisdictional City with Spillovers
Brueckner, Jan K. - CESifo - 2013
This paper shows that the inefficiency of fiscal decentralization in the presence of spillovers, a main tenet of the decentralization literature, is overturned in a particular transportation context. In a monocentric city where road (bridge) capacity is financed by budget-balancing user fees,...
Persistent link: https://www.econbiz.de/10010691460
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Efficiency of Decentralized Road Investment and Pricing in a Multi-Jurisdictional City with Spillovers
Brueckner, Jan K. - 2013
This paper shows that the inefficiency of fiscal decentralization in the presence of spillovers, a main tenet of the decentralization literature, is overturned in a particular transportation context. In a monocentric city where road (bridge) capacity is financed by budget-balancing user fees,...
Persistent link: https://www.econbiz.de/10010322999
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Decentralized road investment and pricing in a congested, multi-jurisdictional city : efficiency with spillovers
Brueckner, Jan K. - In: National tax journal 68 (2015), pp. 839-853
Persistent link: https://www.econbiz.de/10011588530
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Cordon tolling in a city with congested bridges
Brueckner, Jan K. - In: Economics of transportation : the official journal of … 3 (2014) 4, pp. 235-242
Persistent link: https://www.econbiz.de/10010533148
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Decentralized road investment and pricing in a monocentric, multi-jurisdictional city : efficiency with spillovers
Brueckner, Jan K. - 2013
This paper shows that the inefficiency of fiscal decentralization in the presence of spillovers, a main tenet of the decentralization literature, is overturned in a particular transportation context. In a monocentric city where road (bridge) capacity is financed by budget-balancing user fees,...
Persistent link: https://www.econbiz.de/10010210722