Road pricing with complications

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Standard

Road pricing with complications. / Fosgerau, Mogens; van Dender, Kurt.

I: Transportation, Bind 40, Nr. 3, 2013, s. 479-503.

Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › fagfællebedømt

Harvard

Fosgerau, M & van Dender, K 2013, 'Road pricing with complications', Transportation, bind 40, nr. 3, s. 479-503. https://doi.org/10.1007/s11116-012-9442-5

APA

Fosgerau, M., & van Dender, K. (2013). Road pricing with complications. Transportation, 40(3), 479-503. https://doi.org/10.1007/s11116-012-9442-5

Vancouver

Fosgerau M, van Dender K. Road pricing with complications. Transportation. 2013;40(3):479-503. https://doi.org/10.1007/s11116-012-9442-5

Author

Fosgerau, Mogens ; van Dender, Kurt. / Road pricing with complications. I: Transportation. 2013 ; Bind 40, Nr. 3. s. 479-503.

Bibtex

@article{69c7e01383cc4ac7af5bd354f7f1c58b,
title = "Road pricing with complications",
abstract = "The rationale for congestion charges is that by internalising the marginal external congestion cost, they restore efficiency in the transport market. In the canonical model underlying this view, congestion is a static phenomenon, users are taken to be homogenous, there is no travel time risk, and a highly stylised model of congestion is used. The simple analysis also ignores that real pricing schemes are only rough approximations to ideal systems and that inefficiencies in related markets potentially affect the case for congestion charges. The canonical model tends to understate the marginal external congestion cost because it ignores user heterogeneity and trip timing inefficiencies. With respect to the relevance of interactions between congestion and congestion charges and tax distortions and distributional concerns, recent insights point out that there is no general case for modifying charges for such interactions. Therefore the simple Pigouvian rule remains a good first approximation for the design of road charging systems.",
keywords = "Congestion, Congestion pricing, Externalities, Road pricing, Tolling",
author = "Mogens Fosgerau and {van Dender}, Kurt",
year = "2013",
doi = "10.1007/s11116-012-9442-5",
language = "English",
volume = "40",
pages = "479--503",
journal = "Transportation",
issn = "0049-4488",
publisher = "Springer",
number = "3",

}

RIS

TY - JOUR

T1 - Road pricing with complications

AU - Fosgerau, Mogens

AU - van Dender, Kurt

PY - 2013

Y1 - 2013

N2 - The rationale for congestion charges is that by internalising the marginal external congestion cost, they restore efficiency in the transport market. In the canonical model underlying this view, congestion is a static phenomenon, users are taken to be homogenous, there is no travel time risk, and a highly stylised model of congestion is used. The simple analysis also ignores that real pricing schemes are only rough approximations to ideal systems and that inefficiencies in related markets potentially affect the case for congestion charges. The canonical model tends to understate the marginal external congestion cost because it ignores user heterogeneity and trip timing inefficiencies. With respect to the relevance of interactions between congestion and congestion charges and tax distortions and distributional concerns, recent insights point out that there is no general case for modifying charges for such interactions. Therefore the simple Pigouvian rule remains a good first approximation for the design of road charging systems.

AB - The rationale for congestion charges is that by internalising the marginal external congestion cost, they restore efficiency in the transport market. In the canonical model underlying this view, congestion is a static phenomenon, users are taken to be homogenous, there is no travel time risk, and a highly stylised model of congestion is used. The simple analysis also ignores that real pricing schemes are only rough approximations to ideal systems and that inefficiencies in related markets potentially affect the case for congestion charges. The canonical model tends to understate the marginal external congestion cost because it ignores user heterogeneity and trip timing inefficiencies. With respect to the relevance of interactions between congestion and congestion charges and tax distortions and distributional concerns, recent insights point out that there is no general case for modifying charges for such interactions. Therefore the simple Pigouvian rule remains a good first approximation for the design of road charging systems.

KW - Congestion

KW - Congestion pricing

KW - Externalities

KW - Road pricing

KW - Tolling

UR - http://www.scopus.com/inward/record.url?scp=84876093964&partnerID=8YFLogxK

U2 - 10.1007/s11116-012-9442-5

DO - 10.1007/s11116-012-9442-5

M3 - Journal article

AN - SCOPUS:84876093964

VL - 40

SP - 479

EP - 503

JO - Transportation

JF - Transportation

SN - 0049-4488

IS - 3

ER -

ID: 181871549