Ohta (2001) claims to have resolved a die-hard controversy on traffic congestion modeling by defining an inverse aggregate demand function that has traffic density as its argument-in Ohta's terminology the 'primitive term.'Using this demand function, Ohta shows that 'hypercongestion' may very...

This paper explores interrelations between pricing, capacity choice, and financing in transportation networks. We build on the Mohring-Harwitz result on self-financing of optimally designed and priced roads and investigate it in a network environment under various types of second-best...