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There has been wide interest in private supply of roads as a solution to traffic congestion. We study its efficiency … is an untolled substitute (complement) in the network. In contrast to the deterministic counterpart of the problem we …
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, and specifically investigates itsins and outs in a network environment and under various types of second-best regulation …. Thepaper develops a small network model, with endogenous car-ownership, in order to study thesequestions both from an … analytical and a numerical viewpoint. It is for instance shown thatapplication of the principle over an entire network may cause …
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approaches are compared, viz. the logit model and the neural network model. Logit models are well-known in the literature …
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