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Persistent link: https://www.econbiz.de/10011689523
A number of factors influence the efficiency, productivity, and welfare of a transportation network. Travel demand, user costs, and facility supply costs equilibrate on various time scales under a set of pricing (taxes and tolls), investment and ownership policies. Two types of equilibria exist...
Persistent link: https://www.econbiz.de/10005543316
This paper seeks to understand the economic impact of centralized and decentralized ownership structures and their corresponding pricing and investment strategies on transportation network performance and social welfare for travelers. In a decentralized network economic system, roads are owned...
Persistent link: https://www.econbiz.de/10005557897
This research seeks to examine road pricing on a network of autonomous highway links. "Autonomous" refers to the links' being competitive and independent and having the objective of maximizing their own profits without regard for either social welfare or the profits of other links. The principal...
Persistent link: https://www.econbiz.de/10014224571