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This paper studies the efficiency impacts of private toll roads in initially untolled networks. The analysis allows for capacity and toll choice by private operators, and endogenizes entry and therewith the degree of competition, distinguishing and allowing for both parallel and serial...
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, and end users, in the context of road transportation. Using a game-theoretical analysis of suppliers' pricing strategies …, we assess the social welfare effects of traffic information under various road markets with different ownership regimes … negligible. Collusion of the road operator and information provider yields higher social welfare than independent pricing by two …
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, and end users, in the context of road transportation. Using a game-theoretical analysis of suppliers' pricing strategies …, we assess the social welfare effects of traffic information under various road markets with different ownership regimes … negligible. Collusion of the road operator and information provider yields higher social welfare than independent pricing by two …
Persistent link: https://www.econbiz.de/10013138513
links to represent road networks in cities. The LIRP model developed in this paper consists of probabilistic demands, multi …
Persistent link: https://www.econbiz.de/10012815015
The theory of road pricing developed for single links suggests time andlocation varying charges equal to the marginal …
Persistent link: https://www.econbiz.de/10011400380