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various complications that make simple textbook congestionpricingmodels of limited relevance, and dictate that congestion …
Persistent link: https://www.econbiz.de/10011304387
Persistent link: https://www.econbiz.de/10012031039
We use applied microeconomics to examine several salient problems of urban transportation: traffic congestion, air …
Persistent link: https://www.econbiz.de/10014023953
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/10011334348
congestion cost at the efficientlevel of traffic. The second-best network counterpart is derived, but would beinfeasible to … of cordon tolls aremeasured and shown to correlate with optimal congestion tolls, but to bemodest in size and not to …
Persistent link: https://www.econbiz.de/10011400380
This paper considers second-best congestion pricing in the monocentric city, with endogenous residential density and …-way interactions between urban density, traffic congestion and labour supply. Congestion pricing schemes are analyzed that are second …
Persistent link: https://www.econbiz.de/10011337992
Persistent link: https://www.econbiz.de/10010190986
benefit from proximity. Proximity, comes at the cost, however, of congestion that by slowing movement countervails the … (Barry, 2012), leading many cities to consider different forms of congestion pricing.On February 2, 2019 New York City began … dual goals of reducing congestion and raising money for the Metropolitan Transportation Agency which funds mass transit …
Persistent link: https://www.econbiz.de/10012890098
This paper reviews literature on the optimal design of pricing policies to reduce urban automobile congestion. The … congestion, and interactions between congestion taxes and the broader fiscal system. We also briefly discuss the incidence of … congestion taxes and experience with this policy in the United States and elsewhere. Although the economics literature on …
Persistent link: https://www.econbiz.de/10014212453
congestion cost at the efficient level of traffic. The second-best network counterpart is derived, but would be infeasible to … benefits of cordon tolls are measured and shown to correlate with optimal congestion tolls, but to be modest in size and not to …
Persistent link: https://www.econbiz.de/10013320795