ESTIMATES OF OPTIMAL CONGESTION TOLLS
This paper contains a survey of empirical estimates of optimal congestion tolls under various degrees of congestion. A short discussion of the way tolls reduce travel time for toll road users is included. The models employed represent two genera, one of which represents assumptions and efforts of a group of British authors. The other genus is a similarly related set of papers by American authors. All the papers consider only time and money price variation from the standpoint of facility users; general equilibrium effects on the land and other markets were not treated. This paper compares and summarizes both genera of optimal toll estimates under various congestion (speed) levels. /GMRL/
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Corporate Authors:
2100 M Street, NW
Washington, DC United States 20037 -
Authors:
- McGillivray, R G
- Publication Date: 1974-7
Media Info
- Pagination: 19 p.
Subject/Index Terms
- TRT Terms: Economic analysis; Optimization; Toll roads; Traffic; Traffic congestion; Travel time
- Old TRIS Terms: Toll road traffic
- Subject Areas: Economics; Highways; Operations and Traffic Management; Society;
Filing Info
- Accession Number: 00148729
- Record Type: Publication
- Report/Paper Numbers: Paper No. 1212-8-2
- Files: TRIS
- Created Date: Apr 27 1977 12:00AM