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dc.contributor.authorStrøm, Steinaren
dc.contributor.authorVislie, Jonen
dc.date.accessioned2010-02-25-
dc.date.accessioned2011-07-01T08:43:04Z-
dc.date.available2011-07-01T08:43:04Z-
dc.date.issued2008-
dc.identifier.urihttp://hdl.handle.net/10419/47312-
dc.description.abstractWe model the choice of transportation mode in a simplified Hotelling-like city, with a fixed number of total travellers, fixed road capacity and with no trade-off between when to travel and the time spent in a queue. A person that chooses to take her own car will inflict a congestion cost on all travellers. To get the travellers to internalise these external costs, a congestion charge has to be imposed. We derive an optimal congestion charge within in a discrete-choice framework, with a benevolent government maximising expected tax-adjusted social surplus. The congestion charge to be imposed on private driving, beyond the opportunity cost - equal to the fare on public transportation - is shown to be a weighted average of a Ramsey-like term (capturing the goal to raise public revenue) and a Pigou-term capturing the environmental cost of a person's private driving. This property is similar to the optimal environmental tax derived by Sandmo (1975). However, the behavioural assumption underlying the present framework is quite different from the standard theory of consumer choice adopted by Sandmo.en
dc.language.isoengen
dc.publisher|aUniversity of Oslo, Department of Economics |cOsloen
dc.relation.ispartofseries|aMemorandum |x2008,9en
dc.subject.jelD11en
dc.subject.jelH23en
dc.subject.jelL13en
dc.subject.jelL91en
dc.subject.ddc330en
dc.subject.keywordDiscrete choiceen
dc.subject.keywordurban transporten
dc.subject.keywordcongestionen
dc.subject.keywordcongestion chargesen
dc.subject.stwDiskrete Entscheidungen
dc.subject.stwStraßenbenutzungsgebühren
dc.subject.stwStadtverkehren
dc.subject.stwKonsumentenverhaltenen
dc.subject.stwTheorieen
dc.titleA discrete-choice model approach to optimal congestion charge-
dc.typeWorking Paperen
dc.identifier.ppn565317946en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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