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...

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 Europe, the preferential tax treatment of company cars implies that many employees receive a company car as part of their compensation package. In this paper, we consider a model in which wages and the decision whether or not to provide a company car are the result of direct negotiation...

We study the interaction between pricing, frequency of service and information provision by public transport firms offering scheduled services, and we do so under various regulatory regimes. The model assumes that users can come to the bus stop or rail station at random or they can plan their...

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 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...

The purpose of this paper is to study optimal congestion taxes in a time-allocation framework. This makes it possible to distinguish taxes on inputs in the production of car trips and taxes on transport as an activity. Moreover, the model allows us to consider the implications of treating...