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"Time Consistency of Congestion Tolls"

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Author Info
Glazer, A.

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Abstract

A congestion toll may have two purposes. First, to reduce congestion the current period. Second, to induce investment which will reduce demand and congestion in later periods. When government cannot credibly commit to future tolle, the optimal toll in the each period may be low, and congestion may be high.

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Publisher Info
Paper provided by California Irvine - School of Social Sciences in its series Papers with number 98-99-1.

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Length: 9 pages
Date of creation: 1998
Date of revision:
Handle: RePEc:fth:calirv:98-99-1

Contact details of provider:
Postal: UNIVERSITY OF CALIFORNIA IRVINE, SCHOOL OF SOCIAL SCIENCES, IRVINECALIFORNIA 91717 U.S.A.

For technical questions regarding this item, or to correct its listing, contact: (Thomas Krichel).

Related research
Keywords: INVESTMENTS ; GOVERNMENT;

Find related papers by JEL classification:
E22 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Capital; Investment; Capacity
E00 - Macroeconomics and Monetary Economics - - General - - - General

Statistics
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This page was last updated on 2009-12-16.


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