tag:blogger.com,1999:blog-4159906646513306121.post4979609579409589598..comments2023-11-19T20:38:50.237-08:00Comments on Economic Logic: Dealing with congestion: fast lane or toll booth?Economic Logicianhttp://www.blogger.com/profile/10171296292101248614noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4159906646513306121.post-90678243735465418412012-12-04T03:04:20.991-08:002012-12-04T03:04:20.991-08:00Hi,
I appreciate the interest in my paper. A lit...Hi, <br /><br />I appreciate the interest in my paper. A little clarification: Providing a fast lane may yield a Pareto improvement even with elastic demand, it depends on how elastic demand is. It is also clear that maximal efficiency is achieved with a time varying toll. The question I ask in the paper is what can be done, if the "perfect" toll is not available.<br /><br />Mogens FosgerauAnonymoushttps://www.blogger.com/profile/12202154097405972989noreply@blogger.com