| 来源类型 | Working Paper |
| 规范类型 | 论文 |
| Private Access Fees and Congestion: Is There a Role for Government After All? | |
| Stephen W. Salant; Nathan Seegert | |
| 发表日期 | 2014-08-13 |
| 出版年 | 2014 |
| 页码 | DP 14-26-REV |
| 语种 | 英语 |
| 摘要 | We reframe an important debate between Pigou and Knight about the need for government intervention in allocating congestible resources like roads. Knight showed that private toll-setting would achieve an ecient allocation if some motorists commuted to work on an alternative route that was uncongestible. Government intervention was unnecessary. Others have shown that Knight's laissez-faire solution fails if the other road was also congestible but marred their demonstration by excluding private toll-setting on that road as well. We consider a game with simultaneous toll-setting on every congestible road. When we discover that the laissez-faire allocation is inecient, we consider how the government can improve the private allocation by providing motorists an actual or potential alternative to the privately-priced, congestible resources. Our results apply to a wide range of allocation problems involving congestion: simultaneous tuition setting in private (or charter) schools when students can instead attend a public school or simultaneous prize-setting in contests to cure diseases when researchers can instead work at NIH. |
| 主题 | Environmental Economics Topics ; Transportation |
| 子主题 | Policy Instruments and Evaluation ; Traffic Congestion |
| URL | http://www.rff.org/research/publications/private-access-fees-and-congestion-there-role-government-after-all |
| 来源智库 | Resources for the Future (United States) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/41319 |
| 推荐引用方式 GB/T 7714 | Stephen W. Salant,Nathan Seegert. Private Access Fees and Congestion: Is There a Role for Government After All?. 2014. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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