The economics of traffic congestion [Research Reviews]

Kenneth A. Small and José A. Gomez-Ibañez (1998), 'Road Pricing for Congestion Management: The Transition from Theory to Policy', in Kenneth J. Button (ed) and Erik T. Verhoef (ed) (eds), Road Pricing, Traffic Congestion and the Environment: Issues of Efficiency and Social Feasibility, Cha...

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Bibliographic Details
Main Author: Verhoef, E. T.
Format: eBook
Language:English
Published: Cheltenham, UK Edward Elgar c2010
Series:The international library of critical writings in economics
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Collection: Edward Elgar eBook Archive - Collection details see MPG.ReNa
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Summary:Kenneth A. Small and José A. Gomez-Ibañez (1998), 'Road Pricing for Congestion Management: The Transition from Theory to Policy', in Kenneth J. Button (ed) and Erik T. Verhoef (ed) (eds), Road Pricing, Traffic Congestion and the Environment: Issues of Efficiency and Social Feasibility, Chapter 10, Cheltenham, UK and Northampton, MA, USA: Edward Elgar, 213-46 -- Noel M. Edelson (1971), 'Congestion Tolls under Monopoly', American Economic Review, 61 (5), December, 873-82 -- David E. Mills (1981), 'Ownership Arrangements and Congestion-Prone Facilities', American Economic Review, 71 (3), June, 493-502 -- Philip A. Viton (1995), 'Private Roads', Journal of Urban Economics, 37 (3), May, 260-89 -- Louie Nan Liu and John F. McDonald (1998), 'Efficient Congestion Tolls in the Presence of Unpriced Congestion: A Peak and Off-Peak Simulation Model', Journal of Urban Economics, 44 (3), November, 352-66 --
Edmond L. d'Ouville and John F. McDonald (1990), 'Optimal Road Capacity with a Suboptimal Congestion Toll', Journal of Urban Economics, 28 (1), July, 34-49 -- J. Berechman and D. Pines (1991), 'Financing Road Capacity and Returns to Scale under Marginal Cost Pricing', Journal of Transport Economics and Policy, XXV (2), May, 177-81 -- Kenneth A. Small (1999), 'Economies of Scale and Self-Financing Rules with Non-Competitive Factor Markets', Journal of Public Economics, 74, 431-50 -- Richard Arnott and Marvin Kraus (1998), 'Self-Financing of Congestible Facilities in a Growing Economy', in David Pines (ed), Efraim Sadka (ed) and Itzhak Zilcha (ed) (eds), Topics in Public Economics: Theoretical and Applied Analysis, Chapter 7, Cambridge: Cambridge University Press, 161-84 -- Hai Yang and Qiang Meng (2002), 'A Note on "Highway Pricing and Capacity Choice in a Road Network under a Build-Operate-Transfer Scheme"', Transportation Research Part A, 36, 659-63 --
Paul I. Richards (1956), 'Shock Waves on the Highway', Operations Research, 4 (1), February, 42-51 -- A.A. Walters (1961), 'The Theory and Measurement of Private and Social Cost of Highway Congestion', Econometrica, 29 (4), October, 676-99 -- William S. Vickrey (1963), 'Pricing in Urban and Suburban Transport', American Economic Review, Papers and Proceedings, 53 (2), May, 452-65 -- Dietrich Braess, Anna Nagurney and Tina Wakolbinger (2005), 'On a Paradox of Traffic Planning', Transportation Science, 39 (4), November, 446-50. [Translated from the German: D. Braess (1968), 'Über ein Paradoxon aus der Verkehrsplanung', Unternehmensforschung, 12, 258-68] -- William S. Vickrey (1969), 'Congestion Theory and Transport Investment', American Economic Review, Papers and Proceedings, 59 (2), May, 251-60 -- Kenneth A. Small (1982), 'The Scheduling of Consumer Activities: Work Trips', American Economic Review, 72 (3), June, 467-79 --
Richard Arnott, André de Palma and Robin Lindsey (1993), 'A Structural Model of Peak-Period Congestion: A Traffic Bottleneck with Elastic Demand', American Economic Review, 83 (1), March, 161-79 -- Carson E. Agnew (1976), 'Dynamic Modeling and Control of Congestion-Prone Systems', Operations Research, 24 (3), May- June, 400-419 -- G.F. Newell (1988), 'Traffic Flow for the Morning Commute', Transportation Science, 22 (1), February, 47-58 -- Xuehao Chu (1995), 'Endogenous Trip Scheduling: The Henderson Approach Reformulated and Compared with the Vickrey Approach', Journal of Urban Economics, 37 (3), May, 324-43 -- H. Lévy-Lambert (1968), 'Pricing of Variable-Quality Services - Application to Road Tolls', Econometrica, 36 (3-4), July-October, 564-74 [Translated from the French: 'Tarification des Services à Qualité Variable: Application aux Péages de Circulation'], reset --
Recommended readings (Machine generated): A.C. Pigou (1920), 'Divergences between Marginal Trade Net Product and Marginal Individual Net Product', in The Economics of Welfare, Chapter VIII, London: Macmillan, 189-96, appendix -- F.H. Knight (1924), 'Some Fallacies in the Interpretation of Social Cost', Quarterly Journal of Economics, 38 (4), August, 582-606 -- John Glen Wardrop (1952), 'Some Theoretical Aspects of Road Traffic Research', Proceedings of the Institution of Civil Engineers: Part II, 1 (2), June, 325-78 -- Martin Beckmann, C.B. McGuire and Christopher B. Winsten (1956), 'Equilibrium' and 'Efficiency', in Studies in the Economics of Transportation, Chapter 3 and Chapter 4, New Haven: Yale University Press, 59-79, 80-101, references -- M.J. Lighthill and G.B. Whitham (1955), 'On Kinematic Waves. II: A Theory of Traffic Flow on Long Crowded Roads', Proceedings of the Royal Society of London. Series A, Mathematical and Physical Sciences, 229 (1178), May, 317-45 --
Robert M. Solow and William S. Vickrey (1971), 'Land Use in a Long Narrow City', Journal of Economic Theory, 3 (4), December, 430-47 -- Robert M. Solow (1973), 'Congestion Cost and the Use of Land for Streets', Bell Journal of Economics and Management Science, 4 (2), Autumn, 602-18 -- Yitzhak Oron, David Pines and Eytan Sheshinski (1973), 'Optimum vs. Equilibrium Land Use Pattern and Congestion Toll', Bell Journal of Economics and Management Science, 4 (2), Autumn, 619-36 -- Richard J. Arnott and James G. MacKinnon (1978), 'Market and Shadow Land Rents with Congestion', American Economic Review, 68 (4), September, 588-600 -- Alex Anas and Rong Xu (1999), 'Congestion, Land Use, and Job Dispersion: A General Equilibrium Model', Journal of Urban Economics, 45 (3), May, 451-73 -- Christopher D. Foster (1974), 'The Regressiveness of Road Pricing', International Journal of Transport Economics, 1 (2), August, 133-41, reset --
Herbert Mohring and Mitchell Harwitz (1962), 'Highway Taxation and the Magnitude of Highway Benefits', from 'Benefits and the Tax System', in Highway Benefits: An Analytical Framework, Chapter 2, Evanston, IL: Northwestern University Press, 70-90, references -- Theodore E. Keeler and Kenneth A. Small (1977), 'Optimal Peak-Load Pricing, Investment, and Service Levels on Urban Expressways', Journal of Political Economy, 85 (1), February, 1-25 -- Marvin Kraus (1981), 'Scale Economies Analysis for Urban Highway Networks', Journal of Urban Economics, 9 (1), January, 1-22 -- David M. Newbery (1989), 'Cost Recovery from Optimally Designed Roads', Economica, New Series, 56, (222), May, 165-85 -- William C. Wheaton (1978), 'Price-Induced Distortions in Urban Highway Investment', Bell Journal of Economics, 9 (2), Autumn, 622-32 -- John D. Wilson (1983), 'Optimal Road Capacity in the Presence of Unpriced Congestion', Journal of Urban Economics, 13, 337-57 --
André de Palma and Robin Lindsey (2000), 'Private Toll Roads: Competition under Various Ownership Regimes', Annals of Regional Science, 34, 13-35 -- Eduardo Engel, Ronald Fischer and Alexander Galetovic (1997), 'Highway Franchising: Pitfalls and Opportunities', American Economic Review, Papers and Proceedings, 87 (2), May, 68-72
This essential two-volume collection contains the most influential articles written over the past eight decades that contribute to an understanding of the economics of traffic congestion. The first volume explores the classic contributions on congestion and road pricing and includes papers in dynamic models and second-best congestion pricing. The second volume analyses ownership arrangements such as private roads, investment and financing, urban land use, social acceptability and distributional aspects of road pricing. Erik Verhoef has written an insightful introduction which provides a clear overview of a problem which is of major importance in both developed and developing countries
Maurice Marchand (1968), 'A Note on Optimal Tolls in an Imperfect Environment', Econometrica, 36 (3-4), July-October, 575-81 -- Erik Verhoef, Peter Nijkamp and Piet Rietveld (1996), 'Second- Best Congestion Pricing: The Case of an Untolled Alternative', Journal of Urban Economics, 40 (3), November, 279-302 -- Ralph M. Braid (1996), 'Peak-Load Pricing of a Transportation Route with an Unpriced Substitute', Journal of Urban Economics, 40 (2), September, 179-97
B. De Borger, S. Proost and K. Van Dender (2005), 'Congestion and Tax Competition in a Parallel Network', European Economic Review, 49, 2013-40 -- David M. Levinson (2000), 'Revenue Choice on a Serial Network', Journal of Transport Economics and Policy, 34 (1), January, 69-98 -- Erik T. Verhoef (2002), 'Second-Best Congestion Pricing in General Networks. Heuristic Algorithms for Finding Second-Best Optimal Toll Levels and Toll Points', Transportation Research Part B, 36, 707-29 -- Agachai Sumalee, Tony May and Simon Shepherd (2005), 'Comparison of Judgmental and Optimal Road Pricing Cordons', Transport Policy, 12, 384-90 -- Se-il Mun, Ko-ji Konishi and Kazuhiro Yoshikawa (2003), 'Optimal Cordon Pricing', Journal of Urban Economics, 54, 21-38 -- Richard Arnott, André de Palma and Robin Lindsey (1990), 'Economics of a Bottleneck', Journal of Urban Economics, 27 (1), January, 111-30 --
Richard Arnott and Marvin Kraus (1998), 'When Are Anonymous Congestion Charges Consistent with Marginal Cost Pricing?', Journal of Public Economics, 67, 45-64 -- Inge Mayeres and Stef Proost (2001), 'Marginal Tax Reform, Externalities and Income Distribution', Journal of Public Economics, 79, 343-63 -- Ian W.H. Parry and Antonio Bento (2001), 'Revenue Recycling and the Welfare Effects of Road Pricing', Scandinavian Journal of Economics, 103 (4), December, 645-71 -- André de Palma and Robin Lindsey (1998), 'Information and Usage of Congestible Facilities under Different Pricing Regimes', Canadian Journal of Economics, 31 (3), August, 666-92 -- Amihai Glazer and Esko Niskanen (1992), 'Parking Fees and Congestion', Regional Science and Urban Economics, 22 (1), March, 123-32 -- Richard Arnott and John Rowse (1999), 'Modeling Parking', Journal of Urban Economics, 45 (1), January, 97-124 --
Harry W. Richardson (1975), 'A Rejoinder', Journal of Transport Economics and Policy, IX (2), May, 188 -- Richard Layard (1977), 'The Distributional Effects of Congestion Taxes', Economica, New Series, 44 (175), August, 297-304 -- Richard Arnott, André de Palma and Robin Lindsey (1994), 'The Welfare Effects of Congestion Tolls with Heterogeneous Commuters', Journal of Transport Economics and Policy, XXVIII (2), May, 139-61 -- P.B. Goodwin (1989), 'The "Rule of Three": A Possible Solution to the Political Problem of Competing Objectives for Road Pricing', Traffic Engineering and Control, 30 (10), October, 495-7 -- Kenneth A. Small (1992), 'Using the Revenues from Congestion Pricing', Transportation, 19 (4), 359-81
Harry W. Richardson (1974), 'A Note on the Distributional Effects of Road Pricing', Journal of Transport Economics and Policy, VIII (1), January, 82-5 -- C.D. Foster (1975), 'A Note on the Distributional Effects of Road Pricing: A Comment', Journal of Transport Economics and Policy, IX (2), May, 186-7
Physical Description:2 v ill., 1 map
ISBN:9781784712785