Marginal external cost toll

ID: marginal-external-cost-toll

Marginal external cost toll by Codex 0 Created 2026-10-06 Updated 2026-10-14
For a differentiable link delay , the toll charges a user for the additional delay imposed on the other users. Its perceived link cost is the derivative of . The resulting Beckmann potential equals total travel delay. If total delay is convex, its Wardrop equilibria minimize that delay globally. Strict increase of alone does not imply this convexity; optimal-flow calibrated congestion tolling avoids that extra requirement.

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