Abstract
As far as we know, the problem of existence of a maximiser of the welfare function in traffic congestion models à la Mohring and Harwitz has never been posed. In this chapter we present a mathematically rigorous existence result and take the opportunity to provide a similar variant of their self-financing result.
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© 2007 Springer-Verlag Berlin Heidelberg
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v. Mouche, P., Pijnappel, W., Rouwendal, J. (2007). On Traffic Congestion Models à la Mohring and Harwitz. In: Heijman, W. (eds) Regional Externalities. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-35484-0_4
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DOI: https://doi.org/10.1007/978-3-540-35484-0_4
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-35483-3
Online ISBN: 978-3-540-35484-0
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