This paper investigates the optimal location and pricing of a park-and-ride (P&R) facility in a linear city. Residences are uniformly distributed from the center to the exogenous city boundary, and all trips are from home to the center. A congestible highway and a congestion-free railway can be...

This paper studies maintenance and tolling decisions by two competing private operators of roads that experience depreciation and congestion. Duopoly generally results in higher social costs not only than in the first-best optimum but also the second-best optimum in which roads can be maintained...

The United States and Canada lag Europe and Singapore in implementing road pricing on a large scale. But the two countries have shown interest in tolling roads as a way to curb congestion and to generate revenues. The US is funding congestion pricing demonstration projects through its Value...

The way in which road usage is priced and road infrastructure is funded in the United States has become unsustainable. Support is growing for a Vehicle Miles Traveled (VMT) fee to encourage efficient road usage and replace fuel taxes as the primary funding mechanism for road construction,...

Nonlinear pricing (a form of second-degree price discrimination) is widely used in transportation and other industries but it has been largely overlooked in the road-pricing literature. This paper explores the incentives for a profit-maximizing toll-road operator to adopt some simple nonlinear...

Urban road transportation creates several externalities, the most important of which are congestion (time delay and extra fuel consumption), accidents, pollution, and greenhouse gas emissions. Road pricing is widely promoted as a tool to reduce these externalities. Based on a review of theory as...