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Economics of Urban Highway Congestion and Pricing

Author: John F McDonald; Edmond L D'Ouville; Louie Nan Liu
Publisher: Boston, MA : Springer US, 1999.
Series: Transportation research, economics and policy.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
Economics of Urban Highway Congestion and Pricing offers the most extensive examination to date of the relationship between congestion tolls and highway capacity in the long run. This study breaks new ground in the economic theory of optimal road capacity by including theoretical contributions, empirical studies, and simulation experiments that all pertain to the general topic reflected in the title. The book is  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: John F McDonald; Edmond L D'Ouville; Louie Nan Liu
ISBN: 9781461552314 1461552311
OCLC Number: 851754443
Description: 1 online resource (x, 240 pages).
Contents: I Highway Traffic Flow --
1. An Engineering Model of Traffic Flow --
2 Highway Traffic Flow and the 'Uneconomic' Region of Production --
3 An Empirical Model of Highway Traffic Flow --
II Commuter Choice of Tollways Versus Freeways --
4. Theory of Route Choice and the Value of Time --
5. An Empirical Study of the Choice of Tollway or Freeway --
III Congestion Pricing in the Short Run --
6. Congestion Pricing in the Short Run: The Basic Model --
7. Urban Highway Congestion: An Analysis of Second-Best Tolls --
8. Mathematical Formulation of a Multiple-Period Congestion Pricing Model --
9. A Simulation Study of Peak and Off-Peak Congestion Pricing --
10. The California SR-91 Example of Value Pricing --
IV Road Capacity and Pricing in the Long Run --
11. Road Capacity with Efficient Tolls --
12. The Comparison of Optimal Road Capacities: No Toll Versus the Optimal Toll --
13. The Long-Run Two-Road Model of Traffic Congestion --
14. Optimal Road Capacity with Hyper-Congestion in the Absence of Tolls --
15. A Model of Demand for Traffic Density --
16. Demand Uncertainty, Optimal Capacity, and Congestion Tolls --
17. Optimal Capacity for a Bottleneck and Sub-Optimal Congestion Tolls --
Summary and Conclusions --
Author Index.
Series Title: Transportation research, economics and policy.
Responsibility: by John F. McDonald, Edmond L. d'Ouville, Louie Nan Liu.

Abstract:

Economics of Urban Highway Congestion and Pricing offers the most extensive examination to date of the relationship between congestion tolls and highway capacity in the long run. In particular,  Read more...

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