The marginal cost taxation of a transportation network

M. J. Smith

Transportation Research Part B: Methodological, 1979, vol. 13, issue 3, 237-242

Abstract: The paper shows that if the cost and demand functions satisfy certain weak smoothness conditions then the marginal cost taxation of a transportation network is optimal in the usual local sense. Interactions between the cost of travel along a link and flow along other links and between the demand for travel along a route and flow along other routes are permitted.

Date: 1979
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