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

Alain Bonnafous () and Yves Crozet

Transport Policy, 2018, vol. 70, issue C, 8-13

Abstract: •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.

Date: 2018
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DOI: 10.1016/j.tranpol.2017.12.008

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