Abstract
This paper studies the relative efficiency of, and the interaction between, various information and pricing instruments for the regulation of stochastic road traffic congestion. Five regulatory regimes are considered: no tolling/imperfect information, no tolling/perfect information, non-fluctuating ('flat') tolling/imperfect information, flat tolling/perfect information, and fluctuating ('fine') tolling, implying perfect information. A simulation model is used to investigate the influence of some key parameters on the relative efficiency of the various regulatory regimes.
| Original language | English |
|---|---|
| Pages (from-to) | 505-529 |
| Number of pages | 25 |
| Journal | Regional Science and Urban Economics |
| Volume | 26 |
| Issue number | 4 |
| DOIs | |
| Publication status | Published - 1996 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 3 Good Health and Well-being -
SDG 11 Sustainable Cities and Communities
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