Optimum congestion pricing in a complex network
Road tolls are a well established way of dealing with problems of congestion. Over recent years, the literature has expanded to take account of how congestion charges might interact with imperfections in other markets. In this paper, we consider the case where congestion occurs within a complex road network, with congestion on multiple links. To derive a truly optimal toll, account must be taken of the entire network. As a case study, we take a stylised version of the road network in Bergen, Norway.
|Date of creation:||27 May 2013|
|Date of revision:|
|Contact details of provider:|| Postal: NHH, Department of Business and Management Science, Helleveien 30, N-5045 Bergen, Norway|
Phone: +47 55 95 92 93
Fax: +47 55 95 96 50
Web page: http://www.nhh.no/en/research-faculty/department-of-business-and-management-science.aspx
More information through EDIRC
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.:
- Anas, Alex, 1983. "Discrete choice theory, information theory and the multinomial logit and gravity models," Transportation Research Part B: Methodological, Elsevier, vol. 17(1), pages 13-23, February.
- Noland, Robert B., 1997. "Commuter Responses to Travel Time Uncertainty under Congested Conditions: Expected Costs and the Provision of Information," Journal of Urban Economics, Elsevier, vol. 41(3), pages 377-406, May.
- Verhoef, Erik & Nijkamp, Peter & Rietveld, Piet, 1996. "Second-Best Congestion Pricing: The Case of an Untolled Alternative," Journal of Urban Economics, Elsevier, vol. 40(3), pages 279-302, November.
- Ieromonachou, P. & Potter, S. & Warren, J.P., 2006. "Norway's urban toll rings: Evolving towards congestion charging?," Transport Policy, Elsevier, vol. 13(5), pages 367-378, September.
- Castillo, J. M. Del & Benítez, F. G., 1995. "On the functional form of the speed-density relationship--I: General theory," Transportation Research Part B: Methodological, Elsevier, vol. 29(5), pages 373-389, October.
- Choe, Chongwoo & Clarke, Harry, 2000. "Pricing and Investment Decisions for a Tollway with Possible Route Substitution onto Alternative Congested Roads," Australian Economic Papers, Wiley Blackwell, vol. 39(1), pages 84-91, March.
When requesting a correction, please mention this item's handle: RePEc:hhs:nhhfms:2013_004. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Stein Fossen)
If references are entirely missing, you can add them using this form.