Abstract 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 pertinent because of technical and/or political constraints. The article uses economic theory and numerical examples to show that the optimum second-best toll can vary appreciably from the optimal tolls in a regime in which efficient tolls can be imposed on all routes.
Urban highway congestion
Transportation ; 22 , 4 ; 353-369
1995
Aufsatz (Zeitschrift)
Englisch
Economic efficiency of second-best congestion pricing schemes in urban highway systems
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