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

Alain Bonnafous () and Yves Crozet ()
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Yves Crozet: LAET - Laboratoire Aménagement Économie Transports - UL2 - Université Lumière - Lyon 2 - ENTPE - École Nationale des Travaux Publics de l'État - CNRS - Centre National de la Recherche Scientifique

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Abstract: Highlights: • 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.

Keywords: Surplus loss (concept); Pricing of transport infrastructures; Jules Dupuit; Epistemological dimension (search for similar items in EconPapers)
Date: 2018
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Published in Transport Policy, 2018, Part of special issue: Jules Dupuit: Secret Origins of Modern Transportation Science, 70, pp.8-13. ⟨10.1016/j.tranpol.2017.12.008⟩

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Journal Article: Consumer surplus and pricing of transport infrastructures: The legacy of Jules Dupuit (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-01672809

DOI: 10.1016/j.tranpol.2017.12.008

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