Optimal Congestion Tolls for Car Commuters. A Note on Current Theory

Optimal Congestion Tolls for Car Commuters. A Note on Current Theory

The normal theory of congestion tolls follows the conventional lines of general cost theory, including the assumption that the production period is fixed. Mr Jansson shows that the 'production period' for travel to work can be extended if congestion causes commuters to leave home earlier.

Share Content

Facebook
Twitter
LinkedIn

Related Articles

Optimal Public transport Price and Service Frequency

Because values of time and passenger behaviour depend on the level of frequency it is found that: (1) in urban public transport there may be one low-deficit local optimum and one high-deficit local optimum, one of which is global; (2) contrary to what might be expected, optimal financial deficit per passenger is typically larger for high frequency services than for low-frequency services; (3) the optimal off-peak may exceed the optimal peak price.

View Journal »