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The implementation of marginal external cost pricing in road transport

Verhoef, Erik T. - 1998

This paper discusses a number of issues that will become increasingly important nowthat the concept of marginal external cost pricing becomes more likely to be implementedas a policy strategy in transport in reality. The first part of the paper deals with thelong-run efficiency of marginal...

Persistent link: https://www.econbiz.de/10011299976

Step by step: revisiting step tolling in the bottleneck model

Lindsey, Robin; Berg, Vincent A. C. van den; Verhoef, … - 2010

In most dynamic traffic congestion models, congestion tolls must vary continuously over time to achieve the full optimum. This is also the case in Vickrey's (1969) 'bottleneck model'. To date, the closest approximations of this ideal in practice have so-called 'step tolls', in which the toll...

Persistent link: https://www.econbiz.de/10011382488

Step by step : revisiting step tolling in the bottleneck model

Lindsey, Robin; Berg, Vincent A. C. van den; Verhoef, … - 2010

Persistent link: https://www.econbiz.de/10008771819

Miles, speed and technology : traffic safety under oligopolistic insurance

Dementyeva, Maria; Verhoef, Erik T. - 2015

This paper studies road safety and accident externalities when insurance companies have market power, and can influence … technology choice. While a private monopolist internalizes accident externalities up to the point where compensations to users … externalities that their customers impose upon one another. Therefore, non-optimal premiums as well as speed and technology control …

Persistent link: https://www.econbiz.de/10010477906

Does public transit reduce car travel externalities?

Adler, Martin W.; Ommeren, Jos van - 2015

justified. We examine one of the main benefits of public transit, a reduction in car congestion externalities, the so … as number of car travelers suggesting that bicycling-promoting policies to reduce car congestion externalities might be …

Persistent link: https://www.econbiz.de/10010477114

Accident externality of driving : evidence from the London Congestion Charge

Tang, Cheng Keat; Ommeren, Jos van - 2020

This paper estimates the marginal accident externality of driving in Central London by exploiting variation in traffic flow induced by the London Congestion Charge Zone using an instrumental variable approach. The charge attributed to a 9.4% reduction in traffic flow, which resulted in a less...

Persistent link: https://www.econbiz.de/10012317457

Time-varying tolls in a dynamic model of road traffic congestion with elastic demand

Verhoef, Erik T. - 1997

Persistent link: https://www.econbiz.de/10000956194

Congestion caused by speed differences

Verhoef, Erik T.; Rouwendal, Jan; Rietveld, Piet - 1997

Persistent link: https://www.econbiz.de/10000972451

Governmental competition in road charging and capacity choice

Ubbels, Barry; Verhoef, Erik T. - 2007 - This version: 10/09/07

In this study we have analysed policy interactions between an urban and a regional government which have different objectives (welfare of its own citizens) and two policy instruments (toll and capacity) available. Using a simulation model, we investigated the welfare consequences of the various...

Persistent link: https://www.econbiz.de/10011349179

Self-financing roads

Verhoef, Erik T.; Mohring, Herbert - 2007

Mohring and Harwitz (1962) showed that, under certain conditions, an optimally designed and priced road would generate user toll revenues just sufficient to cover its capital costs. Several scholars subsequently explored the robustness of that finding. This paper briefly summarizes further...

Persistent link: https://www.econbiz.de/10011372982

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