Wu, Di; Yin, Yafeng; Yang, Hai - In: Transportation Research Part B: Methodological 45 (2011) 1, pp. 96-101
In a general traffic network under some widely used assumptions, this paper proves that the level of service, represented by the volume-capacity (v/c) ratio, offered by a profit-maximizing private firm on a private toll road is independent of another competitor's choice of capacity and toll rate...