Scipediacontent: Scipediacontent moved page Draft Content 462154387 to Lindsey et al 2012a

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Scipediacontent moved page Draft Content 462154387 to Lindsey et al 2012a

Scipediacontent: Created page with " == Abstract == In most dynamic traffic congestion models, congestion tolls must vary continuously over time to achieve the full optimum. This is also the case in . Vickrey (..."

2021-02-16T09:06:31Z

Created page with " == Abstract == In most dynamic traffic congestion models, congestion tolls must vary continuously over time to achieve the full optimum. This is also the case in . Vickrey (..."

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== Abstract ==

In most dynamic traffic congestion models, congestion tolls must vary continuously over time to achieve the full optimum. This is also the case in . Vickrey (1969) 'bottleneck model'. To date, the closest approximations of this ideal in practice have so-called 'step tolls', in which the toll takes on different values over discrete time intervals, but is constant within each interval. Given the prevalence of step-tolling schemes they have received surprisingly little attention in the literature. This paper compares two step-toll schemes that have been studied using the bottleneck model by . Arnott et al. (1990) and Laih (1994). It also proposes a third scheme in which late in the rush hour drivers slow down or stop just before reaching a tolling point, and wait until the toll is lowered from one step to the next step. Such 'braking' behaviour has been observed in practice. Analytical derivations and numerical modelling show that the three tolling schemes have different optimal toll schedules and reduce total social costs by different percentages. These differences persist even in the limit as the number of steps approaches infinity. Braking lowers the welfare gain from tolling by 14% to 21% in the numerical example. Therefore, preventing or limiting braking seems important in designing step-toll systems. © 2012 Elsevier Inc.

== Original document ==

The different versions of the original document can be found in:

* [http://dx.doi.org/10.1016/j.jue.2012.02.001 http://dx.doi.org/10.1016/j.jue.2012.02.001]

* [https://research.vu.nl/en/publications/61f88bf7-b8d8-4519-b034-cb1378a4b522 https://research.vu.nl/en/publications/61f88bf7-b8d8-4519-b034-cb1378a4b522]

* [https://api.elsevier.com/content/article/PII:S0094119012000150?httpAccept=text/xml https://api.elsevier.com/content/article/PII:S0094119012000150?httpAccept=text/xml],
: [https://api.elsevier.com/content/article/PII:S0094119012000150?httpAccept=text/plain https://api.elsevier.com/content/article/PII:S0094119012000150?httpAccept=text/plain],
: [http://dx.doi.org/10.1016/j.jue.2012.02.001 http://dx.doi.org/10.1016/j.jue.2012.02.001] under the license https://www.elsevier.com/tdm/userlicense/1.0/

* [https://www.sciencedirect.com/science/article/pii/S0094119012000150 https://www.sciencedirect.com/science/article/pii/S0094119012000150],
: [https://research.vu.nl/en/publications/step-tolling-with-bottleneck-queuing-congestion https://research.vu.nl/en/publications/step-tolling-with-bottleneck-queuing-congestion],
: [https://core.ac.uk/display/91498920 https://core.ac.uk/display/91498920],
: [https://ideas.repec.org/a/eee/juecon/v72y2012i1p46-59.html https://ideas.repec.org/a/eee/juecon/v72y2012i1p46-59.html],
: [https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2039433 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2039433],
: [https://works.bepress.com/vincent_vandenberg/4 https://works.bepress.com/vincent_vandenberg/4],
: [https://EconPapers.repec.org/RePEc:eee:juecon:v:72:y:2012:i:1:p:46-59 https://EconPapers.repec.org/RePEc:eee:juecon:v:72:y:2012:i:1:p:46-59],
: [https://www.narcis.nl/publication/RecordID/oai%3Aresearch.vu.nl%3Apublications%2F61f88bf7-b8d8-4519-b034-cb1378a4b522 https://www.narcis.nl/publication/RecordID/oai%3Aresearch.vu.nl%3Apublications%2F61f88bf7-b8d8-4519-b034-cb1378a4b522],
: [https://academic.microsoft.com/#/detail/2139950021 https://academic.microsoft.com/#/detail/2139950021]

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Lindsey et al 2012a - Revision history

Scipediacontent: Scipediacontent moved page Draft Content 462154387 to Lindsey et al 2012a

Scipediacontent: Created page with " == Abstract == In most dynamic traffic congestion models, congestion tolls must vary continuously over time to achieve the full optimum. This is also the case in . Vickrey (..."