Economics of Urban Highway Congestion and Pricing Book

List of Figures. List of Tables. Preface. Acknowledgments. Introduction. Part I: Highway Traffic Flow. 1. An Engineering Model of Traffic Flow. 2. Highway Traffic Flow and the 'Uneconomic' Region of Production. 3. An Empirical Model of Highway Traffic Flow. Part II: Commuter Choice of Tollways Versus Freeways. 4. Theory of Route Choice and the Value of Time. 5. An Empirical Study of the Choice of Tollway or Freeway. Part III: Congestion Pricing in the Short Run. 6. Congestion Pricing in the Short Run: The Basic Model. 7. Urban Highway Congestion: An Analysis of Second-Best Tolls. 8. Mathematical Formulation of a Multiple-Period Congestion Pricing Model. 9. A Simulation Study of Peak and Off-Peak Congestion Pricing. 10. The California SR-91 Example of Value Pricing. Part IV: Road Capacity and Pricing in the Long Run. 11. Road Capacity with Efficient Tolls. 12. The Comparison of Optimal Road Capacities: No Toll versus the Optimal Toll. 13. The Long-Run Two-Road Model of Traffic Congestion. 14. Optimal Road Capacity with Hyper-congestion in the Absence of Tolls. 15. A Model of Demand for Traffic Density. 16. Demand Uncertainty, Optimal Capacity, and Congestion Tolls. 17. Optimal Capacity for a Bottleneck and Sub-Optimal Congestion Tolls. Summary and Conclusions. Author Index. Subject Index.