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This paper analyzes a modified yardstick competition mechanism (MYC), where the yardstick employed consists of a tariff basket and total costs. This mechanism has a significant information advantage: the regulator ”only” needs to observe total costs and output of all firms. The modified...
Persistent link: https://www.econbiz.de/10005162796
This article analyzes the efficiency impacts of PPP-projects in the highway sector. The economic analysis concludes that the PPP-approach should primarily be considered as an alternative procurement strategy. PPP can be suitable for the new built, extension and renewal of certain highway...
Persistent link: https://www.econbiz.de/10005162798
Our paper estimates the effects of an environmentally-oriented, time-differentiated road charging system for heavy duty vehicles (HDV) in Berlin. We develop a network based simulation model, which explicitly takes into account the interdependence between HDV and passenger car traffic. The model...
Persistent link: https://www.econbiz.de/10005162806