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Economics of Urban Highway Congestion and Pricing

  • Book
  • © 1999

Overview

Authors:
  1. John F. McDonald

    1. University of Illinois at Chicago, USA

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    You can also search for this author in PubMed   Google Scholar

  2. Edmond L. d’Ouville

    1. Indiana University Northwest, USA

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    You can also search for this author in PubMed   Google Scholar

  3. Louie Nan Liu

    1. Louis Berger and Associates, USA

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    You can also search for this author in PubMed   Google Scholar

Part of the book series: Transportation Research, Economics and Policy (TRES)

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Table of contents (19 chapters)

  1. Front Matter

    Pages i-x
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  2. Introduction

    1. Front Matter

      Pages 1-1
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    2. Introduction

      • John F. McDonald, Edmond L. d’Ouville, Louie Nan Liu
      Pages 1-6

  3. Highway Traffic Flow

    1. Front Matter

      Pages 7-7
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    2. An Engineering Model of Traffic Flow

      • John F. McDonald, Edmond L. d’Ouville, Louie Nan Liu
      Pages 9-14

    3. Highway Traffic Flow and the ‘Uneconomic’ Region of Production

      • John F. McDonald, Edmond L. d’Ouville, Louie Nan Liu
      Pages 15-22

    4. An Empirical Model of Highway Traffic Flow

      • John F. McDonald, Edmond L. d’Ouville, Louie Nan Liu
      Pages 23-34

  4. Commuter Choice of Tollways Versus Freeways

    1. Front Matter

      Pages 35-35
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    2. Theory of Route Choice and the Value of Time

      • John F. McDonald, Edmond L. d’Ouville, Louie Nan Liu
      Pages 37-42

    3. An Empirical Study of the Choice of Tollway or Freeway

      • John F. McDonald, Edmond L. d’Ouville, Louie Nan Liu
      Pages 43-50

  5. Congestion Pricing in the Short Run

    1. Front Matter

      Pages 51-51
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    2. Congestion Pricing in the Short Run: The Basic Model

      • John F. McDonald, Edmond L. d’Ouville, Louie Nan Liu
      Pages 53-65

    3. Urban Highway Congestion: An Analysis of Second-Best Tolls

      • John F. McDonald, Edmond L. d’Ouville, Louie Nan Liu
      Pages 67-83

    4. Mathematical Formulation of a Multiple-Period Congestion Pricing Model

      • John F. McDonald, Edmond L. d’Ouville, Louie Nan Liu
      Pages 85-96

    5. A Simulation Study of Peak and Off-Peak Congestion Pricing

      • John F. McDonald, Edmond L. d’Ouville, Louie Nan Liu
      Pages 97-114

    6. The California SR-91 Example of Value Pricing

      • John F. McDonald, Edmond L. d’Ouville, Louie Nan Liu
      Pages 115-132

  6. Road Capacity and Pricing in the Long Run

    1. Front Matter

      Pages 133-133
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    2. Road Capacity with Efficient Tolls

      • John F. McDonald, Edmond L. d’Ouville, Louie Nan Liu
      Pages 135-140

    3. The Comparison of Optimal Road Capacities: No Toll Versus the Optimal Toll

      • John F. McDonald, Edmond L. d’Ouville, Louie Nan Liu
      Pages 141-158

    4. The Long-Run Two-Road Model of Traffic Congestion

      • John F. McDonald, Edmond L. d’Ouville, Louie Nan Liu
      Pages 159-169
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Keywords

About this book

Economics of Urban Highway Congestion and Pricing offers the most extensive examination to date of the relationship between congestion tolls and highway capacity in the long run. This study breaks new ground in the economic theory of optimal road capacity by including theoretical contributions, empirical studies, and simulation experiments that all pertain to the general topic reflected in the title. The book is organized into four sections: 1) highway traffic flow; 2) commuter choice of tollways versus freeways; 3) congestion pricing in the short run; and 4) road capacity and pricing in the long run.
In particular, the first section on highway traffic flow examines the chief models and empirical studies of vehicular flow on urban highways. The second section of the book is a theoretical and empirical examination of the choice that commuters make between urban tollways and freeways. The third section is devoted to congestion pricing in the short run, the time period in which the urban highway facilities are taken as given. This section is the most important part of the book from the standpoint of public policy. The fourth and last section of the book considers road capacity and pricing in the long run, with the concluding chapter gathering the authors' main results in one place and making recommendations both for current policy and for future research.

Authors and Affiliations

  • University of Illinois at Chicago, USA

    John F. McDonald

  • Indiana University Northwest, USA

    Edmond L. d’Ouville

  • Louis Berger and Associates, USA

    Louie Nan Liu

Bibliographic Information

  • Book Title: Economics of Urban Highway Congestion and Pricing

  • Authors: John F. McDonald, Edmond L. d’Ouville, Louie Nan Liu

  • Series Title: Transportation Research, Economics and Policy

  • DOI: https://doi.org/10.1007/978-1-4615-5231-4

  • Publisher: Springer New York, NY

  • eBook Packages: Springer Book Archive

  • Copyright Information: Springer Science+Business Media New York 1999

  • Hardcover ISBN: 978-0-7923-8631-5Published: 31 October 1999

  • Softcover ISBN: 978-1-4613-7384-1Published: 02 November 2012

  • eBook ISBN: 978-1-4615-5231-4Published: 06 December 2012

  • Series ISSN: 1572-4387

  • Edition Number: 1

  • Number of Pages: X, 240

  • Topics: Regional/Spatial Science

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