This paper offers a stylized model in which an agency is in charge of investing in road capacity and maintain it but cannot use the capital market so that the only sources of funds are the toll revenues. We call this the strict self-financing constraint in opposition to the traditional self...

The inhabitants of Australia's larger cities suffer from frequent traffic jams. Many see this as an inescapable fact of city life, but its root cause is overuse of a common resource — the urban road network. Most roads are nominally 'free' to drive on, resulting in demand for many roads that...

Purpose - foreign and Lithuanian researchers analyse the benefits of ITS (Intelligent transport systems) application and development opportunities in various aspects. Due to the rapid development of technology, most authors emphasise the need for new or at least repeated research on intelligent...

Congestion has become a burden for the Dutch economy. Commuters and businesses are suffering from the time lost in traffic and the unreliability of travel time. Expanding infrastructure can potentially solve such problems, albeit only in the long term and at a high cost. Thus short to...

Highway construction occurs nowadays mainly through widening of ex- isting roads rather than building new roads. This paper documents that highway widenings considerably reduce congestion in the short run, defined here as 6 years. Using longitudinal microdata from highway detector loops in the...

Highway construction occurs nowadays mainly through widening of existing roads rather than building new roads. This paper documents that highway widenings considerably reduce congestion in the short run, defined here as 6 years. Using longitudinal microdata from highway detector loops in the...

Convenient scheduling, characterized by adequate flight frequency, is the main quality attribute for airline services. However, the effect of airline alliances on this important dimension of service quality has received almost no attention in the literature. This paper fills this gap by...

Convenient scheduling, characterized by adequate flight frequency, is the main quality attribute for airline services. However, the effect of airline alliances on this important dimension of service quality has received almost no attention in the literature. This paper fills this gap by...

Consider an urban economy with two types of externalities, negative traffic congestion externalities and positive agglomeration externalities deriving from non-market interaction. Suppose that urban travel can be tolled, that non-market interaction cannot be subsidized, and that non-market...

A geographic MEPLAN model based on the principles of economic behaviour was applied to study the marginal cost pricing approach for optimising the use of the transport system in the Helsinki region. As the model can estimate land use relocation the analysis emphasises the long-term impacts....