This paper puts together an analytical formulation to compute optimal tolls for multi-class
traffic. The formulation is comprised of two major modules. The first one is an optimization …

The case for some form of congestion tolling has long been made given the extent of traffic
congestion in most urban transportation networks. However, there is little consensus on …

Much of the road pricing literature has focused on deriving second-best optimal tolls when
only parts of a network can be tolled or tolling is constrained in other ways. A drawback of …

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

The starting point of this paper is to consider that there is no general answer to the question
of the equity of urban road pricing. We therefore simulate and compare the distributional …

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 article examines urban highway congestion pricing in the instance in which it is not
possible to levy a congestion toll on a major portion of the urban road system. This case is …

Roadway tolling has been espoused by many transportation economists as an optimal
solution to roadway congestion, largely due its aggregate welfare benefits. However …

Congestion toll pricing addresses the classic trafik assignment problem for which Wardrop
enunciated two principles of trafik ftow: user-optimal behavioral hypothesis and the notion …

Congestion pricing has been regarded as an efficient method to reduce network-wide travel
cost. In this study, a methodology for toll design is developed to provide policy-makers with …