Preference heterogeneity and congestion pricing: The two route case revisited
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DOI: 10.1016/j.trb.2018.08.010
Abstract: This paper studies first-best and second-best congestion pricing in the presence of unobserved and observed preference heterogeneity using a stylised stochastic user equilibrium choice model. Travellers choose between multiple alternatives, have heterogeneous values of travel… read more here.
Keywords: congestion pricing; second best; preference heterogeneity; pricing ... See more keywords