Self-financing roads under coarse tolling and preference heterogeneity
Author
Abstract
Suggested Citation
DOI: 10.1016/j.trb.2024.102909
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Small, Kenneth A., 1999.
"Economies of scale and self-financing rules with non-competitive factor markets,"
Journal of Public Economics, Elsevier, vol. 74(3), pages 431-450, December.
- Small, Kenneth A., 1996. "Economies of Scale and Self-Financing Rules with Noncompetitive Factor Markets," University of California Transportation Center, Working Papers qt70m3c7hh, University of California Transportation Center.
- Lindsey, Robin & de Palma, André, 2014.
"Cost recovery from congestion tolls with long-run uncertainty,"
Economics of Transportation, Elsevier, vol. 3(2), pages 119-132.
- Robin Lindsey & André de Palma, 2013. "Cost Recovery from Congestion Tolls with Long-run Uncertainty," Working Papers hal-00784299, HAL.
- Robin Lindsey & André de Palma, 2014. "Cost recovery from congestion tolls with long-run uncertainty," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01311130, HAL.
- Robin Lindsey & André de Palma, 2014. "Cost recovery from congestion tolls with long-run uncertainty," Post-Print hal-01311130, HAL.
- Bichsel, Robert, 2001. "Should Road Users Pay the Full Cost of Road Provision?," Journal of Urban Economics, Elsevier, vol. 50(2), pages 367-383, September.
- d'Ouville, Edmond L. & McDonald, John F., 1990. "Effects of demand uncertainty on optimal capacity and congestion tolls for urban highways," Journal of Urban Economics, Elsevier, vol. 28(1), pages 63-70, July.
- Arnott, Richard & Kraus, Marvin, 1998.
"When are anonymous congestion charges consistent with marginal cost pricing?,"
Journal of Public Economics, Elsevier, vol. 67(1), pages 45-64, January.
- Richard Arnott & Marvin Kraus, 1994. "When Are Anonymous Congestion Charges Consistent with Marginal Cost Pricing?," NBER Technical Working Papers 0154, National Bureau of Economic Research, Inc.
- Richard Arnott & Marvin Kraus, 1997. "When are Anonymous Congestion Charges Consistent with Marginal Cost Pricing?," Boston College Working Papers in Economics 354., Boston College Department of Economics.
- Li, Zhi-Chun & Huang, Hai-Jun & Yang, Hai, 2020. "Fifty years of the bottleneck model: A bibliometric review and future research directions," Transportation Research Part B: Methodological, Elsevier, vol. 139(C), pages 311-342.
- van den Berg, Vincent A.C., 2014.
"Coarse tolling with heterogeneous preferences,"
Transportation Research Part B: Methodological, Elsevier, vol. 64(C), pages 1-23.
- Vincent A.C. van den Berg, 2013. "Coarse Tolling with Heterogeneous Preferences," Tinbergen Institute Discussion Papers 13-120/VIII, Tinbergen Institute, revised 20 Dec 2013.
- Robin Lindsey, C. & van den Berg, Vincent A.C. & Verhoef, Erik T., 2012. "Step tolling with bottleneck queuing congestion," Journal of Urban Economics, Elsevier, vol. 72(1), pages 46-59.
- Richard Arnott & André de Palma & Robin Lindsey, 1993.
"Properties of Dynamic Traffic Equilibrium Involving Bottlenecks, Including a Paradox and Metering,"
Transportation Science, INFORMS, vol. 27(2), pages 148-160, May.
- Arnott, R. & De Palma, A. & Lindsey, R., 1992. "Properties of Dynamic Traffic Equilibrium Involving Bottlenecks, Including A Paradox and Metering," Papers 9201, Universite Libre de Bruxelles - C.E.M.E..
- Brons, Martijn & Nijkamp, Peter & Pels, Eric & Rietveld, Piet, 2008. "A meta-analysis of the price elasticity of gasoline demand. A SUR approach," Energy Economics, Elsevier, vol. 30(5), pages 2105-2122, September.
- Arnott, Richard & de Palma, Andre & Lindsey, Robin, 1993. "A Structural Model of Peak-Period Congestion: A Traffic Bottleneck with Elastic Demand," American Economic Review, American Economic Association, vol. 83(1), pages 161-179, March.
- Lindsey, Robin, 2012. "Road pricing and investment," Economics of Transportation, Elsevier, vol. 1(1), pages 49-63.
- Chen, Hongyu & Nie, Yu (Marco) & Yin, Yafeng, 2015. "Optimal multi-step toll design under general user heterogeneity," Transportation Research Part B: Methodological, Elsevier, vol. 81(P3), pages 775-793.
- Robin Lindsey, 2004. "Existence, Uniqueness, and Trip Cost Function Properties of User Equilibrium in the Bottleneck Model with Multiple User Classes," Transportation Science, INFORMS, vol. 38(3), pages 293-314, August.
- Kouwenhoven, Marco & de Jong, Gerard C. & Koster, Paul & van den Berg, Vincent A.C. & Verhoef, Erik T. & Bates, John & Warffemius, Pim M.J., 2014. "New values of time and reliability in passenger transport in The Netherlands," Research in Transportation Economics, Elsevier, vol. 47(C), pages 37-49.
- van den Berg, Vincent A.C., 2012. "Step-tolling with price-sensitive demand: Why more steps in the toll make the consumer better off," Transportation Research Part A: Policy and Practice, Elsevier, vol. 46(10), pages 1608-1622.
- Jonathan D Hall, 2021. "Can Tolling Help Everyone? Estimating the Aggregate and Distributional Consequences of Congestion Pricing," Journal of the European Economic Association, European Economic Association, vol. 19(1), pages 441-474.
- Wang, Tao & Liao, Peng & Tang, Tie-Qiao & Huang, Hai-Jun, 2022. "Deterministic capacity drop and morning commute in traffic corridor with tandem bottlenecks: A new manifestation of capacity expansion paradox," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 168(C).
- Kraus, Marvin, 1982. "Highway pricing and capacity choice under uncertain demand," Journal of Urban Economics, Elsevier, vol. 12(1), pages 122-128, July.
- Arnott, Richard & de Palma, Andre & Lindsey, Robin, 1990.
"Economics of a bottleneck,"
Journal of Urban Economics, Elsevier, vol. 27(1), pages 111-130, January.
- Richard Arnott & Andre de Palma & Robin Lindsey, 1985. "Economics of a Bottleneck," Working Paper 636, Economics Department, Queen's University.
- Hall, Jonathan D., 2018.
"Pareto improvements from Lexus Lanes: The effects of pricing a portion of the lanes on congested highways,"
Journal of Public Economics, Elsevier, vol. 158(C), pages 113-125.
- Jonathan D. Hall, 2015. "Pareto Improvements from Lexus Lanes: The effects of pricing a portion of the lanes on congested highways," Working Papers tecipa-548, University of Toronto, Department of Economics.
- Arnott Richard & Kraus Marvin, 1995.
"Financing Capacity in the Bottleneck Model,"
Journal of Urban Economics, Elsevier, vol. 38(3), pages 272-290, November.
- Richard Arnott & Marvin Kraus, 1993. "Financing Capacity On The Bottleneck Model," Boston College Working Papers in Economics 222, Boston College Department of Economics.
- Xiao, Feng & Shen, Wei & Michael Zhang, H., 2012. "The morning commute under flat toll and tactical waiting," Transportation Research Part B: Methodological, Elsevier, vol. 46(10), pages 1346-1359.
- Wu, Wen-Xiang & Huang, Hai-Jun, 2015. "An ordinary differential equation formulation of the bottleneck model with user heterogeneity," Transportation Research Part B: Methodological, Elsevier, vol. 81(P1), pages 34-58.
- Yang, Hai & Meng, Qiang, 2002. "A note on "highway pricing and capacity choice in a road network under a build-operate-transfer scheme"," Transportation Research Part A: Policy and Practice, Elsevier, vol. 36(7), pages 659-663, August.
- van den Berg, Vincent & Verhoef, Erik T., 2011. "Congestion tolling in the bottleneck model with heterogeneous values of time," Transportation Research Part B: Methodological, Elsevier, vol. 45(1), pages 60-78, January.
- Laih, Chen-Hsiu, 1994. "Queueing at a bottleneck with single- and multi-step tolls," Transportation Research Part A: Policy and Practice, Elsevier, vol. 28(3), pages 197-208, May.
- Fu, Xinying & van den Berg, Vincent A.C. & Verhoef, Erik T., 2018.
"Private road networks with uncertain demand,"
Research in Transportation Economics, Elsevier, vol. 70(C), pages 57-68.
- Xinying Fu & Vincent van den Berg & Erik T. Verhoef, 2015. "Private Road Networks with Uncertain Demand," Tinbergen Institute Discussion Papers 15-092/VIII, Tinbergen Institute, revised 28 Nov 2017.
- Xinying Fu & Vincent A.C. van den Berg & Erik T. Verhoef, 2017. "Private Road Networks with Uncertain Demand," Tinbergen Institute Discussion Papers 17-026/VIII, Tinbergen Institute.
- Kenneth Small, 2015. "The Bottleneck Model: An Assessment and Interpretation," Working Papers 141506, University of California-Irvine, Department of Economics.
- Xu, Da & Guo, Xiaolei & Zhang, Guoqing, 2019. "Constrained optimization for bottleneck coarse tolling," Transportation Research Part B: Methodological, Elsevier, vol. 128(C), pages 1-22.
- Zheng, Nan & Waraich, Rashid A. & Axhausen, Kay W. & Geroliminis, Nikolas, 2012. "A dynamic cordon pricing scheme combining the Macroscopic Fundamental Diagram and an agent-based traffic model," Transportation Research Part A: Policy and Practice, Elsevier, vol. 46(8), pages 1291-1303.
- Chen, Hongyu & Liu, Yang & Nie, Yu (Marco), 2015. "Solving the step-tolled bottleneck model with general user heterogeneity," Transportation Research Part B: Methodological, Elsevier, vol. 81(P1), pages 210-229.
- Liu, Yang & Nie, Yu (Marco) & Hall, Jonathan, 2015. "A semi-analytical approach for solving the bottleneck model with general user heterogeneity," Transportation Research Part B: Methodological, Elsevier, vol. 71(C), pages 56-70.
- Arnott, Richard & Kraus, Marvin, 1993.
"The Ramsey problem for congestible facilities,"
Journal of Public Economics, Elsevier, vol. 50(3), pages 371-396, March.
- Richard Arnott & Marvin Kraus, 1994. "The Ramsey Problem for Congestible Facilities," NBER Technical Working Papers 0084, National Bureau of Economic Research, Inc.
- Gordon F. Newell, 1987. "The Morning Commute for Nonidentical Travelers," Transportation Science, INFORMS, vol. 21(2), pages 74-88, May.
- van den Berg, Vincent & Verhoef, Erik T., 2011. "Winning or losing from dynamic bottleneck congestion pricing?: The distributional effects of road pricing with heterogeneity in values of time and schedule delay," Journal of Public Economics, Elsevier, vol. 95(7-8), pages 983-992, August.
- Knockaert, Jasper & Verhoef, Erik T. & Rouwendal, Jan, 2016.
"Bottleneck congestion: Differentiating the coarse charge,"
Transportation Research Part B: Methodological, Elsevier, vol. 83(C), pages 59-73.
- Jasper Knockaert & Erik T. Verhoef & Jan Rouwendal, 2010. "Bottleneck Congestion: Differentiating the Coarse Charge," Tinbergen Institute Discussion Papers 10-097/3, Tinbergen Institute.
- Akamatsu, Takashi & Wada, Kentaro & Iryo, Takamasa & Hayashi, Shunsuke, 2021. "A new look at departure time choice equilibrium models with heterogeneous users," Transportation Research Part B: Methodological, Elsevier, vol. 148(C), pages 152-182.
- Small, Kenneth A, 1982. "The Scheduling of Consumer Activities: Work Trips," American Economic Review, American Economic Association, vol. 72(3), pages 467-479, June.
- Feng Xiao & Zhen Qian & H. Zhang, 2011. "The Morning Commute Problem with Coarse Toll and Nonidentical Commuters," Networks and Spatial Economics, Springer, vol. 11(2), pages 343-369, June.
- Lu, Zhaoyang & Meng, Qiang, 2017. "Analysis of optimal BOT highway capacity and economic toll adjustment provisions under traffic demand uncertainty," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 100(C), pages 17-37.
- A. Michael Spence, 1975. "Monopoly, Quality, and Regulation," Bell Journal of Economics, The RAND Corporation, vol. 6(2), pages 417-429, Autumn.
- Li, Zhi-Chun & Lam, William H.K. & Wong, S.C., 2017. "Step tolling in an activity-based bottleneck model," Transportation Research Part B: Methodological, Elsevier, vol. 101(C), pages 306-334.
- Chen-Hsiu Laih, 2004. "Effects of the optimal step toll scheme on equilibrium commuter behaviour," Applied Economics, Taylor & Francis Journals, vol. 36(1), pages 59-81.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Xiaojuan Yu & Vincent A.C. van den Berg & Erik T. Verhoef, 2024. "Preference heterogeneity in a dynamic flow congestion model," Tinbergen Institute Discussion Papers 24-025/VIII, Tinbergen Institute.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Vincent van den Berg, "undated". "Self-financing roads under coarse tolling and heterogeneous preferences," Tinbergen Institute Discussion Papers 22-045/VIII, Tinbergen Institute.
- Li, Zhi-Chun & Huang, Hai-Jun & Yang, Hai, 2020. "Fifty years of the bottleneck model: A bibliometric review and future research directions," Transportation Research Part B: Methodological, Elsevier, vol. 139(C), pages 311-342.
- Fu, Xinying & van den Berg, Vincent A.C. & Verhoef, Erik T., 2018.
"Private road supply in networks with heterogeneous users,"
Transportation Research Part A: Policy and Practice, Elsevier, vol. 118(C), pages 430-443.
- Xinying Fu & Vincent A.C. van den Berg & Erik T. Verhoef, 2017. "Private Road Supply in Networks with Heterogeneous Users," Tinbergen Institute Discussion Papers 17-025/VIII, Tinbergen Institute, revised 12 Dec 2017.
- Li, Zhi-Chun & Lam, William H.K. & Wong, S.C., 2017. "Step tolling in an activity-based bottleneck model," Transportation Research Part B: Methodological, Elsevier, vol. 101(C), pages 306-334.
- Zhu, Tingting & Li, Yao & Long, Jiancheng, 2022. "Departure time choice equilibrium and tolling strategies for a bottleneck with continuous scheduling preference," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 159(C).
- Chen, Hongyu & Nie, Yu (Marco) & Yin, Yafeng, 2015. "Optimal multi-step toll design under general user heterogeneity," Transportation Research Part B: Methodological, Elsevier, vol. 81(P3), pages 775-793.
- van den Berg, Vincent A.C., 2014.
"Coarse tolling with heterogeneous preferences,"
Transportation Research Part B: Methodological, Elsevier, vol. 64(C), pages 1-23.
- Vincent A.C. van den Berg, 2013. "Coarse Tolling with Heterogeneous Preferences," Tinbergen Institute Discussion Papers 13-120/VIII, Tinbergen Institute, revised 20 Dec 2013.
- Chen, Hongyu & Liu, Yang & Nie, Yu (Marco), 2015. "Solving the step-tolled bottleneck model with general user heterogeneity," Transportation Research Part B: Methodological, Elsevier, vol. 81(P1), pages 210-229.
- Xiaojuan Yu & Vincent A.C. van den Berg & Erik T. Verhoef, 2024. "Preference heterogeneity in a dynamic flow congestion model," Tinbergen Institute Discussion Papers 24-025/VIII, Tinbergen Institute.
- Xiao, Ling-Ling & Liu, Tian-Liang & Huang, Hai-Jun & Liu, Ronghui, 2021. "Temporal-spatial allocation of bottleneck capacity for managing morning commute with carpool," Transportation Research Part B: Methodological, Elsevier, vol. 143(C), pages 177-200.
- Vincent A.C. van den Berg & Erik T. Verhoef, 2015. "Robot Cars and Dynamic Bottleneck Congestion: The Effects on Capacity, Value of Time and Preference Heterogeneity," Tinbergen Institute Discussion Papers 15-062/VIII, Tinbergen Institute, revised 11 Jul 2016.
- Sakai, Takara & Akamatsu, Takashi & Satsukawa, Koki, 2024. "Queue replacement principle for corridor problems with heterogeneous commuters," Transportation Research Part B: Methodological, Elsevier, vol. 187(C).
- Xu, Da & Guo, Xiaolei & Zhang, Guoqing, 2019. "Constrained optimization for bottleneck coarse tolling," Transportation Research Part B: Methodological, Elsevier, vol. 128(C), pages 1-22.
- Takayama, Yuki, 2020. "Who gains and who loses from congestion pricing in a monocentric city with a bottleneck?," Economics of Transportation, Elsevier, vol. 24(C).
- Takayama, Yuki, 2018. "Time-varying congestion tolling and urban spatial structure," MPRA Paper 89896, University Library of Munich, Germany.
- Yu, Xiaojuan & van den Berg, Vincent A.C. & Verhoef, Erik T., 2019.
"Carpooling with heterogeneous users in the bottleneck model,"
Transportation Research Part B: Methodological, Elsevier, vol. 127(C), pages 178-200.
- Xiaojuan Yu & Vincent van den Berg & Erik Verhoef, 2018. "Carpooling with heterogeneous users in the bottleneck model," Tinbergen Institute Discussion Papers 18-054/VIII, Tinbergen Institute.
- Li, Zhi-Chun & Lam, William H.K. & Wong, S.C., 2014. "Bottleneck model revisited: An activity-based perspective," Transportation Research Part B: Methodological, Elsevier, vol. 68(C), pages 262-287.
- Takayama, Yuki & Kuwahara, Masao, 2017.
"Bottleneck congestion and residential location of heterogeneous commuters,"
Journal of Urban Economics, Elsevier, vol. 100(C), pages 65-79.
- Takayama, Yuki & Kuwahara, Masao, 2016. "Bottleneck congestion and residential location of heterogeneous commuters," MPRA Paper 68940, University Library of Munich, Germany.
- Guo, Ren-Yong & Yang, Hai & Huang, Hai-Jun & Li, Xinwei, 2018. "Day-to-day departure time choice under bounded rationality in the bottleneck model," Transportation Research Part B: Methodological, Elsevier, vol. 117(PB), pages 832-849.
- van den Berg, Vincent A.C. & Verhoef, Erik T., 2016. "Autonomous cars and dynamic bottleneck congestion: The effects on capacity, value of time and preference heterogeneity," Transportation Research Part B: Methodological, Elsevier, vol. 94(C), pages 43-60.
More about this item
Keywords
Self-financing; Second-best; Capacity setting; Flat toll; Step toll; Heterogeneity;All these keywords.
JEL classification:
- D62 - Microeconomics - - Welfare Economics - - - Externalities
- H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
- R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
- R48 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government Pricing and Policy
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:transb:v:182:y:2024:i:c:s019126152400033x. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/548/description#description .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.