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Consumer surplus and pricing of transport infrastructures: The legacy of Jules Dupuit

Author

Listed:
  • Alain Bonnafous

    (LAET - Laboratoire Aménagement Économie Transports - UL2 - Université Lumière - Lyon 2 - ENTPE - École Nationale des Travaux Publics de l'État - CNRS - Centre National de la Recherche Scientifique)

  • Yves Crozet

    (LAET - Laboratoire Aménagement Économie Transports - UL2 - Université Lumière - Lyon 2 - ENTPE - École Nationale des Travaux Publics de l'État - CNRS - Centre National de la Recherche Scientifique)

Abstract

Highlights: • An essential contribution from Jules Dupuit on the optimal toll is based on the concept of surplus loss. • Although the function is maximal when the price is zero, Dupuit explained that a toll could be justified. • An optimal toll can be calculated as a function of the scarcity coefficient of public funds.

Suggested Citation

  • Alain Bonnafous & Yves Crozet, 2018. "Consumer surplus and pricing of transport infrastructures: The legacy of Jules Dupuit," Post-Print halshs-01672809, HAL.
    • Handle: RePEc:hal:journl:halshs-01672809
    DOI: 10.1016/j.tranpol.2017.12.008
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    References listed on IDEAS

    as
    1. Yves Crozet & Florian Chassagne, 2013. "Rail access charges in France: Beyond the opposition between competition and financing," Post-Print halshs-01021433, HAL.
    2. Alain Bonnafous, 2011. "Tarification optimale et formes contractuelles dans un programme d'infrastructures en ppp," Revue économique, Presses de Sciences-Po, vol. 62(5), pages 813-834.
    3. Bonnafous, Alain, 2010. "Programming, optimal pricing and partnership contract for infrastructures in PPPs," Research in Transportation Economics, Elsevier, vol. 30(1), pages 15-22.
    4. Alain Bonnafous & Pablo Jensen & William Roy, 2006. "Le cofinancement usager - contribuable et le partenariat public-privé changent les termes de l'évaluation des programmes d'investissement public," Economie & Prévision, La Documentation Française, vol. 0(4), pages 15-30.
    5. Luc Baumstark & Alain Bonnafous, 2010. "Calcul économique et politique de transport : de Jules Dupuit à Maurice Allais," Post-Print halshs-00958373, HAL.
    6. Jean Tirole, 2015. "Market Failures and Public Policy," American Economic Review, American Economic Association, vol. 105(6), pages 1665-1682, June.
    7. Lindsey, Robin, 2012. "Road pricing and investment," Economics of Transportation, Elsevier, vol. 1(1), pages 49-63.
    8. R. B. Ekelund & Jr., 1968. "Jules Dupuit and the Early Theory of Marginal Cost Pricing," Journal of Political Economy, University of Chicago Press, vol. 76(3), pages 462-462.
    9. Crozet, Yves & Chassagne, Florian, 2013. "Rail access charges in France: Beyond the opposition between competition and financing," Research in Transportation Economics, Elsevier, vol. 39(1), pages 247-254.
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