Abstract
We consider the morning commute under bottleneck congestion. The maximally e¢ cient time varying toll can eliminate queueing, but may not be available. We consider a situation where travellers can be charged a parking fee at a time varying rate that applies from the time of passage of the facility. The optimal fee is zero until a certain time when the queue is diminishing. If some travellers cannot be charged then they depart …rst. Within certain limits, inability to charge some travellers for parking does not reduce the potential welfare gain.
Original language | English |
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Title of host publication | Kuhmo Nectar Conference and Summer School on Transportation Economics |
Publication date | 2011 |
Publication status | Published - 2011 |
Event | Kuhmo Nectar Conference and Summer School on Transportation Economics - Stockholm, Sweden Duration: 27 Jun 2011 → 1 Jul 2011 |
Conference
Conference | Kuhmo Nectar Conference and Summer School on Transportation Economics |
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Country/Territory | Sweden |
City | Stockholm |
Period | 27/06/2011 → 01/07/2011 |
Keywords
- Parking fee
- Dynamic model
- Toll policy
- Congestion