haku: @author Kraus, M. / yhteensä: 4
viite: 2 / 4
Tekijä:Arnott, R.
Kraus, M.
Otsikko:Financing capacity in the bottleneck model
Lehti:Journal of Urban Economics
1995 : NOV, VOL. 38:3, p. 272-290
Asiasana:FINANCING
CAPACITY
MODELS
Kieli:eng
Tiivistelmä:It is well known that, for a congestible facility with constant long-run average cost, the revenue from the unconstrained optimal congestion charge exactly covers the cost of optimal capacity. In the context of Vickrey's bottleneck model of morning rush-hour auto congestion, this paper investigates under what circumstances the first-best pricing and investment rules apply when both the time variation of the congestion charge is constrained and users differ in unobservable characteristics so that the same congestion charge must be applied to heterogeneous users.
SCIMA tietueen numero: 140086
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