@book{20edbfe8f50e4383be05e3dfba284eee,
title = "How a fast lane may replace a congestion toll",
abstract = "This paper considers a congested bottleneck. A fast lane reserves a more than proportional share of capacity to a designated group of travellers. Travellers are otherwise identical and other travellers can use the reserved capacity when it would otherwise be idle. The paper shows that such a fast lane is always Pareto improving under Nash equilibrium in arrival times at the bottleneck and inelastic demand. It can replicate the arrival schedule and queueing outcomes of a toll that optimally charges a constant toll during part of the demand peak. Within some bounds, the fast lane scheme is still welfare improving when demand is elastic.",
keywords = "Fast lane, Scheduling, Tolling, Bottleneck, Congestion",
author = "Mogens Fosgerau",
note = "This research is supported by the Danish Soci. Science Res. Council. In add., support is gratefully acknowledged from PREDIT and ADEME grants to project {"}Tarification des Transports Individuels et Collectifs {\`a} Paris: Dynamique de l'acceptabilit{\'e}{"}. The opinions and conclusions expressed in this paper are those of the authors and do not necessarily represent those of the Mini. de l'Ecol., de l'Energie, du D{\'e}velop. durable et de la Mer. This paper has been screened to make sure that no confidential information has been disclosed by the authors.",
year = "2011",
language = "English",
publisher = "DTU Transport",
}