Bottleneck congestion: Differentiating the coarse charge
Jasper Knockaert,
Erik Verhoef and
Jan Rouwendal
Transportation Research Part B: Methodological, 2016, vol. 83, issue C, 59-73
Abstract:
The traditional bottleneck model for road congestion promotes the implementation of a triangular, and time varying, charge as the optimal solution for the road congestion externality. However, cognitive and technological barriers put a practical limit to the degree of differentiation real world implementations can handle. The traditional approach to accommodate for this concern has been a step toll, with the single step coarse charge as its simplest case.
Keywords: Traffic congestion; Road pricing; Bottleneck model; Step tolls (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (16)
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DOI: 10.1016/j.trb.2015.11.004
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