This paper deals with cost-benefit analysis of investment in transport infrastructure. Its contribution is twofold. Firstly, we develop a general equilibrium model to explore the impact of a small budgetary-neutral investment in transport infrastructure in a second-best setting, where other...

This paper analyzes strategic interaction between intercontinental airport regulators, each of which levies airport charges paid by airlines and chooses its airport capacity under conditions of congestion. Congestion from intercontinental flights is common across intercontinental airports since...

This special issue of Transportation Research Part B is concerned with the state of the art modelling approaches applied to transport infrastructure issues. Six papers have been included, utilizing either partial or general equilibrium models in order to develop economic assessments of large,...

This paper presents a multi-purpose tool to assess transport investments in congestible facilities. The model can handle any combination of passenger and freight transport modes in a simplified network. Within each mode, there can be competing operators. It is calibrated to a given traffic...

In this paper, we consider a region that invests in infrastructure used by both local demand and through traffic. We then compare transport systems that have, for a given capacity, the same total infrastructure cost but vary in the proportion of fixed costs and variable capacity costs. We show...

In this paper we optimize the regulation of an intersection of two routes connecting one origin–destination pair and study the effects of priority rules, traffic lights and tolls. We show that when the intersection is regulated by a priority rule the optimal policy is generally to block one of...

This paper discusses the formulation of crowding in public transport and its implications for pricing, seating capacity and optimal scheduling. An analytical model is used to describe the user equilibrium and the optimal equilibrium for different stylized conditions. For the one OD pair case...