The Welfare Effects Of Congestion Tolls With Heterogeneous Commuters
Richard Arnott,
André de Palma () and
Charles Lindsey ()
No 231, Boston College Working Papers in Economics from Boston College Department of Economics
Abstract:
Recent success in introducing road pricing, as well as recent polls suggest that road pricing schemes are politically viable if a large majority of drivers benefit. In this paper we analyze the welfare effects of an optimal time-varying toll impose during the morning commute. The toll tends to benefit drivers with high unit values of travel time and schedule delay. Other drivers can become worse off even with an equal per-capita rebate. A capacity expansion benefits drivers in proportion to their trip costs. If initial capacity is sufficiently small, a toll-financed expansion leaves all drivers better off.
Date: 1993-12
References: Add references at CitEc
Citations: View citations in EconPapers (15)
Downloads: (external link)
http://fmwww.bc.edu/EC-P/wp231.pdf main text (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:boc:bocoec:231
Access Statistics for this paper
More papers in Boston College Working Papers in Economics from Boston College Department of Economics Boston College, 140 Commonwealth Avenue, Chestnut Hill MA 02467 USA. Contact information at EDIRC.
Bibliographic data for series maintained by Christopher F Baum ().