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How a fast lane may replace a congestion toll

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  • Fosgerau, Mogens

Abstract

This paper considers a congested bottleneck. A fast lane reserves a more than proportional share of capacity to a designated group of travelers. Travelers are otherwise identical and other travelers can use the reserved capacity when it would otherwise be idle. The paper shows that such a fast lane is always Pareto improving under Nash equilibrium in arrival times at the bottleneck and inelastic demand. It can replicate the arrival schedule and queueing outcomes of a toll that optimally charges a constant toll during part of the demand peak. Within some bounds, the fast lane scheme is still welfare improving when demand is elastic.

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Bibliographic Info

Article provided by Elsevier in its journal Transportation Research Part B: Methodological.

Volume (Year): 45 (2011)
Issue (Month): 6 (July)
Pages: 845-851

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Handle: RePEc:eee:transb:v:45:y:2011:i:6:p:845-851

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Related research

Keywords: Congestion Tolling Bottleneck Scheduling Fast lane;

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References

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  1. Richard Arnott & Andre de Palma & Robin Lindsey, 1985. "Economics of a Bottleneck," Working Papers 636, Queen's University, Department of Economics.
  2. Laih, Chen-Hsiu, 1994. "Queueing at a bottleneck with single- and multi-step tolls," Transportation Research Part A: Policy and Practice, Elsevier, vol. 28(3), pages 197-208, May.
  3. Vickrey, William S, 1969. "Congestion Theory and Transport Investment," American Economic Review, American Economic Association, vol. 59(2), pages 251-60, May.
  4. De Palma, André & Fosgerau, Mogens, 2010. "Random queues and risk averse users," MPRA Paper 24215, University Library of Munich, Germany.
  5. Jasper Knockaert & Erik T. Verhoef & Jan Rouwendal, 2010. "Bottleneck Congestion: Differentiating the Coarse Charge," Tinbergen Institute Discussion Papers 10-097/3, Tinbergen Institute.
  6. Shen, Wei & Zhang, H.M., 2010. "Pareto-improving ramp metering strategies for reducing congestion in the morning commute," Transportation Research Part A: Policy and Practice, Elsevier, vol. 44(9), pages 676-696, November.
  7. Chen-Hsiu Laih, 2004. "Effects of the optimal step toll scheme on equilibrium commuter behaviour," Applied Economics, Taylor and Francis Journals, vol. 36(1), pages 59-81.
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Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Dealing with congestion: fast lane or toll booth?
    by Economic Logician in Economic Logic on 2012-12-03 15:11:00
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
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Cited by:
  1. Robin Lindsey, C. & van den Berg, Vincent A.C. & Verhoef, Erik T., 2012. "Step tolling with bottleneck queuing congestion," Journal of Urban Economics, Elsevier, vol. 72(1), pages 46-59.
  2. Berg, V.A.C. van den, 2012. "Step tolling with price sensitive demand: Why more steps in the toll makes the consumer better off," Serie Research Memoranda 0003, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.

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