Cordon pricing in the Monocentric city model: Theory and application to Ile-de- France

André de Palma (), Moez Kilani (), Michel De Lara and Serge Piperno
Additional contact information
Michel De Lara: Université Paris-Est, CERMICS, Ecole des Ponts ParisTech - Université Paris-Est
Serge Piperno: Université Paris-Est, CERMICS, Ecole des Ponts ParisTech - Université Paris-Est

Working Papers from HAL

Abstract: We propose a method to compute an equilibrium solution for the monocentric city model with traffic congestion, and to quantify the im- pact of cordon tolls on social surplus. The focus of this paper is on the comparison of road pricing of one and two cordons, with the no toll and first-best situations as benchmarks. We find that a one-cordon toll yields a social efficiency of 63% with respect to first-best, and that an optimal two-cordon toll increases the efficiency to 73%. Both policies have a pos- itive impact on CO2 emissions because they reduce the average length of trips and reduce the road size.

Keywords: Monocentric model; Cordon toll; Acceptability of road pricing (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-geo and nep-ure
Date: 2008-12
Note: View the original document on HAL open archive server: http://hal.archives-ouvertes.fr/hal-00348437/en/
View list of references

Downloads: (external link)
http://hal.archives-ouvertes.fr/docs/00/34/84/37/P ... ier_de_recherche.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:hal:wpaper:hal-00348437_v1

Access Statistics for this paper

More papers in Working Papers from HAL
Series data maintained by CCSD ().