How a fast lane may replace a congestion tollle
2011 (English)In: Transportation Research Part B: Methodological, ISSN 0191-2615, Vol. 45, no 6, 845-851 p.Article in journal (Refereed) Published
This paper considers a congested bottleneck. A fast lane reserves a more than proportional share of capacity to a designated group of travelers. Travelers are otherwise identical and other travelers can use the reserved capacity when it would otherwise be idle. The paper shows that such a fast lane is always Pareto improving under Nash equilibrium in arrival times at the bottleneck and inelastic demand. It can replicate the arrival schedule and queueing outcomes of a toll that optimally charges a constant toll during part of the demand peak. Within some bounds, the fast lane scheme is still welfare improving when demand is elastic.
Place, publisher, year, edition, pages
2011. Vol. 45, no 6, 845-851 p.
Transport Systems and Logistics
IdentifiersURN: urn:nbn:se:kth:diva-152122DOI: 10.1016/j.trb.2011.03.001ISI: 000291902500001ScopusID: 2-s2.0-79956347503OAI: oai:DiVA.org:kth-152122DiVA: diva2:749555
QC 201409242014-09-242014-09-232014-09-24Bibliographically approved