Viability of a New Road Infrastructure with Heterogeneous Users in Madrid Access
Pedro Cantos-Sanchez; Rafael Moner-Colonques; Jose J. Sempere-Monerris; Oscar Alvarez;
This paper explores the importance of heterogeneity in value of time when assessing the viability of a new road infrastructure to alleviate congestion problems. The Spanish government has developed a congestion pricing demonstration entering Madrid city centre, where ro... View more
 Arnott, R. and A. Yan (2002), “The Two-Mode Problem: Second-best Pricing and Capacity”, Review of Urban and Regional Development Studies, 12(3), 170-199.
 Braid, R. (1996), “Peak-Load Pricing of a Transportation Route with an Unpriced Substitute”, Journal of Urban Economics, 40, 179-187.
 De Borger, B. and S. Wouters (1998). ”Transport externalities and optimal pricing and supply decisions in urban transportation: a simulation analysis for Belgium”, Regional Science and Urban Economics, 28, 163-197.
 De Borger, B., I. Mayeres, S. Proost and S. Wouters (1996). ”Optimal pricing of urban passenger transport: a simulation exercise for Belgium”, Journal of Transport Economics and Policy, 30(1), 31-54.
 De Borger, B., S. Proost, K. Van Dender (2005), “Congestion and Tax Competition in a Parallel Network”, European Economic Review, 49, 2013-2040.
 De Palma, A. and R. Lindsey, (2000) “Private Toll Roads: Competition under various ownership”, Annals of Regional Science, 34 (1), 13-35.
 Liu, L. N. and J. F. McDonald (1998), “E¢ cient congestion tolls in the presence of unpriced congestion: A peak and o¤-peak simulation model”, Journal of Urban Economics, 44, 352-366
 Proost, S. and K. Van Dender (2001). "The welfare impacts of alternative policies to address atmospheric pollution in urban road transport", Regional Science and Urban Economics, 31, 383-411.
 Small, K. A. (1983). ”The incidence of congestion and congestion tolls”, Journal of Urban Economics, 13, 90-111.
 Small, K. and J. Yan (2001), “The Value of “Value Pricing” of Roads: Second-Best Pricing and Product Di¤erentiation”, Journal of Urban Economics, 49, 310-336.