Titlebook: Economics of Urban Highway Congestion and Pricing; John F. McDonald,Edmond L. d’Ouville,Louie Nan Liu Book 1999 Springer Science+Business

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https://doi.org/10.1007/978-1-349-18957-1oll road and one free road) to the long run. In this chapter we examine the case in which we seek the optimal long-run capacities for a toll road and a free road. One result is immediately obvious. If the toll road and the free road are perfect substitutes, then only the toll road should be built. T

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Book 1999ion is devoted to congestionpricing in the short run, the time period in which the urban highwayfacilities are taken as given. This section is the most important partof the book from the standpoint of public policy. The fourth and lastsection of the book considers road capacity and pricing in the lo

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Highway Traffic Flow and the ‘Uneconomic’ Region of Productionun production function, then we do observe production that takes place in Stage 3, and we can estimate a production function over this domain. The domain in question corresponds to the portion of the traffic density — volume function in Chapter 2 where traffic volume declines as traffic density incr

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The California SR-91 Example of Value Pricing to them. It is likely that most of the value pricing projects will involve allowing vehicles with only one occupant to use lanes reserved for high occupancy vehicles provided that a toll is paid. At the same time some states have begun to consider the policy of congestion pricing. Most prominent am

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1572-4387 is the most important partof the book from the standpoint of public policy. The fourth and lastsection of the book considers road capacity and pricing in the lo978-1-4613-7384-1978-1-4615-5231-4Series ISSN 1572-4387

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