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Capacity and toll choice of an add-on toll road under various ownership regimes

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  • Tan, Zhijia

Abstract

This paper considers the problem of how to select the toll and capacity levels of a new toll road added onto an existing network with a single link. The existing network has various ownership regimes: free, public or private owned toll road. The effects of the ownership regime of the existing network on the capacity and toll selections of the add-on toll road, the efficiency of the whole network in the sense of total social benefit, and the investment incentives of the government to develop the new road are investigated when the traffic demand is elastic or inelastic.

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  • Tan, Zhijia, 2012. "Capacity and toll choice of an add-on toll road under various ownership regimes," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 48(6), pages 1080-1092.
    • Handle: RePEc:eee:transe:v:48:y:2012:i:6:p:1080-1092
    DOI: 10.1016/j.tre.2012.04.008
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    5. Li, Shuai & Cai, Jiannan & Cai, Hubo, 2019. "Infrastructure privatization analysis: A public-private duopoly game," Transport Policy, Elsevier, vol. 83(C), pages 80-87.
    6. Gu, Yan & Cai, Xingju & Han, Deren & Wang, David Z.W., 2019. "A tri-level optimization model for a private road competition problem with traffic equilibrium constraints," European Journal of Operational Research, Elsevier, vol. 273(1), pages 190-197.
    7. Kangsoo Kim & Jinseog Kim & Hyejin Cho & Donghyung Yook, 2024. "Determining contract conditions in a PPP project among deep uncertainty in future outturn travel demand," Transportation, Springer, vol. 51(3), pages 937-961, June.
    8. Tan, Zhijia & Yang, Hai & Tan, Wei & Li, Zhichun, 2016. "Pareto-improving transportation network design and ownership regimes," Transportation Research Part B: Methodological, Elsevier, vol. 91(C), pages 292-309.
    9. Hoang-Tung, Nguyen & Viet Hung, Do & Kato, Hironori & Binh, Phan Le, 2021. "Modeling ceiling price for build-operate-transfer road projects in developing countries," Economics of Transportation, Elsevier, vol. 28(C).
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