Congestion tolls: Equilibrium and optimality

Robert Rosenthal

Naval Research Logistics Quarterly, 1980, vol. 27, issue 2, 231-232

Abstract: An example of a network with flow costs depending on congestion is presented for which no system of tolls and subsidies exists which can ensure that all equilibria in the game of route selection are Pareto optimal.

Date: 1980
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Persistent link: https://EconPapers.repec.org/RePEc:wly:navlog:v:27:y:1980:i:2:p:231-232

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