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 …

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 …

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 …

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 …

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

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 …

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's (1969)'bottleneck model'. To …

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 …

The gradually accelerating pace at which tolls are being implemented or actively considered
around the world suggests that road pricing is an idea whose time may finally have come …