Estimating congestion costs and optimal admission fees: an indexation approach

Dennis C. Cory, Eric Lundgaard and David L. Barkley

No 291672, WAEA/ WFEA Conference Archive (1929-1995) from Western Agricultural Economics Association

Abstract: Rationing the use of fixed capacity facilities subject to congestion costs by using fees is complicated in practice by the difficulty of estimating quality-adjusted demand schedules for the facility. Previous approaches to measuring congestion costs have met with limited success. An alternative methodology based on indexation techniques is presented and then applied to a popular urban lake in Arizona. It is concluded that estimating quality-adjusted user fees through the use of indexation techniques has several advantages over earlier approaches.

Keywords: Agricultural; Finance (search for similar items in EconPapers)
Pages: 17
Date: 1981-07
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Persistent link: https://EconPapers.repec.org/RePEc:ags:waeaar:291672

DOI: 10.22004/ag.econ.291672

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