Mun, Se-il; Ahn, Ki-jung - In: Journal of Transport Economics and Policy 42 (2008) 3, pp. 367-395
This paper presents a model of a transport system with two road links in a series that describes traffic patterns under various pricing regimes. We consider various mixes of road operation including private-public toll roads, free-private toll roads, and free- public toll roads. We derive the...