Obstructions caused by accidents can trigger or exacerbate traffic congestion. This paper derives the efficient traffic pattern for a rush hour with congestion and accidents and the corresponding road toll. Compared to the model without accidents, where the toll equals external costs imposed on drivers using the road at the same time, a new insight arises: An optimal toll also internalizes the expected increase in future congestion costs. Since accidents affect more drivers if traffic volumes are rising than when they are declining, the efficient charge depends upon the demand for road use during the rest of the peak period.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Length: Date of creation: 20 Nov 2006 Date of revision: Handle: RePEc:bay:rdwiwi:736
Note: This paper is part of http://www.opus-bayern.de/uni-regensburg/schriftenreihen_ebene2.php?sr_id=3 Contact details of provider: Postal: D-93040 Regensburg Phone: +49 941 943-2392 Fax: +49 941 943-4752 Email: Web page: http://www.wiwi.uni-regensburg.de/ More information through EDIRC
For technical questions regarding this item, or to correct its listing, contact: (Marc Reymann) The email address of this maintainer does not seem to be valid anymore. Please ask Marc Reymann to update the entry or send us the correct address..
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.: