Construct · 1 fields · 1 citations

second-best congestion pricing: a standalone construct

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Transport economics

setting tolls on only some links of a network, where optimal charges must account for traffic diverted to untolled routes.

In transport economics, second-best congestion pricing refers to setting tolls on only some links of a network, where optimal charges must account for traffic diverted to untolled routes. This meaning comes from Verhoef (2002) in Transportation Research Part B: Methodological.[1]

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Nearby constructs

congestion pricing1 fields · 1 citationsanchor · a standalone construct congestion3 fields · 3 citationsjingle · one word, three constructs cordon3 fields · 3 citationsjingle · one word, three constructs

References

Verhoef, E. T. (2002). Second-best congestion pricing in general networks. Heuristic algorithms for finding second-best optimal toll levels and toll points. Transportation Research Part B: Methodological, 36(8), 707-729. https://doi.org/10.1016/s0191-2615(01)00025-x

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