Consider a consumer who can choose to travel on a congestible fast mode or on a
congestible slow mode. Users who most value time will use the fast mode. A toll on the slow …

Most dynamic models of congestion pricing use fully time-variant tolls. However, in practice,
tolls are uniform over the day, or at most have just a few steps. Such uniform and step tolls …

CONGESTION TOLLS AND CONSUMER WELFARE a77 Page 1 Transpn. Res:tI Vol. 218.
No. 2. pp. 171-174. 1987 Prinkd in Great Britam. 0191-2615187 53.00+ .oO 0 1987 …

This paper analyses the efficiency and distributional impacts of congestion pricing in
Vickrey's (1969) dynamic bottleneck model of congestion, allowing for continuous …

This paper determines some of the welfare effects on road users of levying peak hour
congestion tolls. Different motorists are assumed to have different valuations of time and …

This paper analyses optimal coarse tolling of congestion under heterogeneous preferences,
and in particular its welfare and distributional effects. With coarse tolling, the toll equals a …

When analysing the effects of transport policies it is important to adequately control for
heterogeneity: previous studies note that ignoring heterogeneity biases the estimated …

In this paper, the effect of congestion tolls upon the pattern of traffic flows is examined.
Congestion tolls influence the individual commuter's decision of when to make a trip …

Public policy has remained stoutly resistant to the economic profession's call to use
congestion tolls to minimize the social costs from automobile congestion. This paper …

Economists have long advocated road pricing as an efficiency-enhancing solution to traffic
congestion, yet it has rarely been implemented because it is thought to create losers as well …