Congesting Pricing in a Road and Rail Network with Heterogeneous Values of Time and Schedule Delay

Berg, Vincent A.C. van den; Verhoef, Erik T.

doi:10.2139/ssrn.1793945

Cited by 3 publications

(1 citation statement)

References 21 publications

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“…The computation of second-best tolls has been addressed in several studies (Verhoef, 2002;van den Berg and Verhoef, 2011;Markose et al, 2007). However, most studies focus on congestion pricing (see for exceptions, e.g., Mitchell et al (2002); Namdeo and Mitchell (2007)).…”

Section: Introductionmentioning

confidence: 99%

Towards High-Resolution First-Best Air Pollution Tolls

Kickhöfer

Nagel

2013

Netw Spat Econ

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In this paper, an approach is presented to calculate high-resolution first-best air pollution tolls with respect to emission cost factors provided by Maibach et al. (2008). Dynamic traffic flows of a multi-agent transport simulation are linked to detailed air pollution emission factors. The monetary equivalent of emissions is internalized in a policy which is then used as a benchmark for evaluating the effects of a regulatory measure -a speed limitation to 30 km/h in the inner city of Munich. The calculated toll, which is equal to simulated marginal costs in terms of individual vehicle attributes and time-dependent traffic states, results in average air pollution costs that are very close to values in the literature. It is found that the regulatory measure is considerably less successful in terms of total emission reduction. It reduces emissions of urban travelers too strongly while even increasing the emissions of commuters and freight, both leading to a increase in deadweight loss. That is, the regulatory measure leads to higher market inefficiencies than a "do-nothing" strategy: too high generalized prices for urban travelers, too low generalized prices for commuters and freight. Finally, long-term changes in the vehicle fleet fuel efficiency are assumed as a reaction to the Internalization policy. The results indicate, however, that the long-term effect of emission reduction is dominated by the short-term reactions and by the assumed improvement in fleet fuel efficiency; the influence of the resulting route and mode choice decisions turns out to be relatively small.

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Section: Introductionmentioning

confidence: 99%

Towards High-Resolution First-Best Air Pollution Tolls

Kickhöfer

Nagel

2013

Netw Spat Econ

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The Travel Cost of Rail Commuters under Heterogeneous Users

王¹

2020

MSE

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Commuters' Preferences for Fast and Reliable Travel

Koster

2013

SSRN Journal

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. www.econstor.eu Terms of use: Documents in EconStor may JEL-code -C13, C14, R40, R41Keywords -local maximum likelihood estimation, heterogeneity, semiparametric Logit, value of time, value of reliability.

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Congesting Pricing in a Road and Rail Network with Heterogeneous Values of Time and Schedule Delay

Cited by 3 publications

References 21 publications

Towards High-Resolution First-Best Air Pollution Tolls

Towards High-Resolution First-Best Air Pollution Tolls

The Travel Cost of Rail Commuters under Heterogeneous Users

Commuters' Preferences for Fast and Reliable Travel

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