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Title: Cordon Pricing in Monocentric City Model: Theory and Application to Ile-de-France
Accession Number: 01127238
Record Type: Component
Availability: Transportation Research Board Business Office 500 Fifth Street, NW Abstract: We propose a method to compute an equilibrium solution for the monocentric city model with traffic congestion, and to quantify the impact of cordon tolls on social surplus. The focus of this paper is on the comparison of road pricing of one and two cordons, with the no toll and first-best situations as benchmarks. We find that a one-cordon toll yields a social efficiency of 63% with respect to first-best, and that an optimal two-cordon toll increases the efficiency to 73%. Both policies have a positive impact on CO2 emissions because they reduce the average length of trips and reduce the road size.
Monograph Title: Monograph Accession #: 01120148
Report/Paper Numbers: 09-2597
Language: English
Corporate Authors: Transportation Research Board 500 Fifth Street, NW Authors: de Palma, AndreKilani, MoezDe Lara, MichelPiperno, SergePagination: 19p
Publication Date: 2009
Conference:
Transportation Research Board 88th Annual Meeting
Location:
Washington DC, United States Media Type: DVD
Features: Figures
(5)
; References; Tables
(1)
TRT Terms: Geographic Terms: Subject Areas: Highways; Operations and Traffic Management; Public Transportation; I73: Traffic Control
Source Data: Transportation Research Board Annual Meeting 2009 Paper #09-2597
Files: TRIS, TRB
Created Date: Jan 30 2009 6:57PM
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