Second-best congestion pricing: The case of an untolled alternative

E.T. Verhoef; P. Nijkamp; P. Rietveld

doi:10.1006/juec.1996.0033

Second-best congestion pricing: The case of an untolled alternative

E.T. Verhoef, P. Nijkamp, P. Rietveld

Spatial Economics

Research output: Contribution to Journal › Article › Academic › peer-review

Abstract

This paper deals with second-best one-route congestion pricing in case of an untolled alternative. Using a two-link network simulation model, the effects of various demand and cost parameters on the relative efficiency of one-route tolling are analyzed. It is investigated whether the existence of costs of congestion charging may be a reason for one-route tolling to be more "overall efficient" than two-route tolling. Finally, the efficiency of revenue-maximizing one-route and two-route tolling is discussed. © 1996 Academic Press, Inc.

Original language	English
Pages (from-to)	279-302
Number of pages	23
Journal	Journal of Urban Economics
Volume	40
Issue number	3
DOIs	https://doi.org/10.1006/juec.1996.0033
Publication status	Published - 1996

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