Successful network utility privatisation requires incentive-based regulation that allows investment to be adequately rewarded from unsubsidised revenues while maintaining quality, and restructuring that permits effective competition for the network services. The potential for success and the...

The theory of road pricing developed for single links suggests time andlocation varying charges equal to the marginal congestion cost at the efficientlevel of traffic. The second-best network counterpart is derived, but would beinfeasible to implement. Cordon tolls are feasible, and their...

The theory of road pricing developed for single links suggests time and location varying changes equal to the marginal congestion cost at the efficient level of traffic.The second-best network counterpart is derived, but would be infeasible to implement. Cordon tolls are feasible, and their...