Congestion pricing and long term urban form: Application to Paris region

We propose an efficient algorithm that solves urban equilibrium with traffic congestion. The procedure we propose is based on the monocentric model, but we illustrate how it can be used in the case of more than one business center. As a case study we focus on the region of Paris and discuss the impa...

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Bibliographic Details
Published inRegional science and urban economics Vol. 43; no. 2; pp. 282 - 295
Main Authors De Lara, Michel, de Palma, André, Kilani, Moez, Piperno, Serge
Format Journal Article
LanguageEnglish
Published Amsterdam Elsevier B.V 01.03.2013
Elsevier Sequoia S.A
Elsevier
Subjects
Case studies
Comparative analysis
Economics
Economics and Finance
Equilibrium computation
Humanities and Social Sciences
Long-term impacts
Monocentric model
Operating costs
Pricing
Studies
Tolls
Traffic
Traffic congestion
Transport pricing
Urban areas
France
Paris France
France, Paris
C63
R48
Monocentric model
H2
Transport pricing
Long-term impacts
R41
Equilibrium computation
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Summary:We propose an efficient algorithm that solves urban equilibrium with traffic congestion. The procedure we propose is based on the monocentric model, but we illustrate how it can be used in the case of more than one business center. As a case study we focus on the region of Paris and discuss the impacts of road pricing on urban form. Among road pricing schemes, we consider the linear toll (proportional to traveled distance) and cordon toll (a toll paid once the driver crosses a given border). Both schemes are compared to the no toll case (actual situation) and to the first-best (where total costs in the city are minimized). The linear toll is equivalent to an increase in the vehicle operating cost. It performs well with respect to the first-best solution but, since it applies identically to all trips, it is not likely to be relevant in practice. By comparison to the no-toll situation, optimal congestion pricing reduces the radius of the city and the average travel distance by 34% and 15%, respectively. ► Propose an efficient algorithm that solves urban equilibrium with traffic congestion ► Polycentric cities ► Case study on the region of Paris ► Linear toll and cordon toll pricing schemes
Bibliography:ObjectType-Article-2
SourceType-Scholarly Journals-1
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ISSN:0166-0462
1879-2308
DOI:10.1016/j.regsciurbeco.2012.07.007