Parking fees as a substitute for roadpricing in a dynamic model of traffic congestion

Mogens Fosgerau, André de Palma

    Research output: Chapter in Book/Report/Conference proceedingArticle in proceedingsResearch

    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 languageEnglish
    Title of host publicationKuhmo Nectar Conference and Summer School on Transportation Economics
    Publication date2011
    Publication statusPublished - 2011
    EventKuhmo Nectar Conference and Summer School on Transportation Economics - Stockholm, Sweden
    Duration: 27 Jun 20111 Jul 2011

    Conference

    ConferenceKuhmo Nectar Conference and Summer School on Transportation Economics
    CountrySweden
    CityStockholm
    Period27/06/201101/07/2011

    Keywords

    • Parking fee
    • Dynamic model
    • Toll policy
    • Congestion

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