Cordon Pricing and Land‐Use Regulation
研究了在连续封闭的单中心城市中同时实施区域收费和土地利用管制的最优策略，揭示了最优收费水平、位置以及容积率管制如何交替使用。
Abstract This study explores the simultaneous imposition of cordon pricing and land‐use regulations in a continuous and closed monocentric city with homogeneous households. Results reveal the optimal level of a single cordon toll and its location and the optimal floor area ratio (FAR) regulation, clarifying what distortions remain in the existence of cordon pricing and FAR regulation. Among other results, this paper shows that, with an optimal cordon toll, FAR regulation should alternate between a minimum and a maximum regulation, both inside and outside the cordon line.