Journal of transport economics and policy · 1993 · 22 citations · 17 references
BusinessBusiness EconomicsEconomicsPricing TheoryQueuing TheoryTransportQueue DisciplineQueueing AnalysisQueueing SystemsQueueing TheoryQueuing AnalysisWaiting Time AnalysisPotential Economic ImpactQueue SimulationQueueing ModelsQueueing Network SimulationSimulation Of Queueing SystemsToll PricingTollingUniform Pricing
A computer simulation is used to compared uniform tolls on a congested facility against a price-discriminating toll scheme. The simulation illustrates that consumers would gain from discriminatory tolls. Price-discriminating user fees on crowded facilities with rationing by queues should be given due consideration.
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CONGESTION THEORY AND TRANSPORT INVESTMENT
William Vickrey · American Economic Review · 1969 · 1.9K citations
A Theory of Rationing by Waiting
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