Verhoef, E., Nijkamp, P. and Rietveld, P. (1996). Second-best congestion pricing: The case of an untolled alternative Journal of Urban Economics, 40(3):279--302.
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Affiliated author
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Publication year1996
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JournalJournal of Urban Economics
This paper deals with second-best one-route congestion pricing in case of an untolled alternative. Using a two-link network simulation model, the effects of various demand and cost parameters on the relative efficiency of one-route tolling are analyzed. It is investigated whether the existence of costs of congestion charging may be a reason for one-route tolling to be more 'overall efficient' than two-route tolling. Finally, the efficiency of revenue-maximizing one-route and two-route tolling is discussed. {\textcopyright} 1996 Academic Press, Inc.