search query: @indexterm ECONOMICS / total: 4580
reference: 44 / 4580
| Author: | Palma, A. De Lindsey, R. Wu, F. |
| Title: | Private operators and time-of-day tolling on a congested road network |
| Journal: | Journal of Transport Economics and Policy
2008 : SEP, VOL 42:3 p.397-433 |
| Index terms: | road transport economics congestion traffic |
| Freeterms: | tolls private toll road operators public toll road operators |
| Language: | eng |
| Abstract: | Congestion pricing by both public and private toll road operators is compared using METROPOLIS: the first fully dynamic traffic simulator that treats transport mode, time of departure and choice of routes endogenously. Toll scenarios are defined by the subject of the toll (traffic lanes, roads or areas) and whether tolls vary over time. The distortion caused by execution of market power by a private operator is not systematically related to the share of road capacity that is tolled. A third-best tolling system in which tolls are varied in steps in order to eliminate queuing performs favourably compared to public step tolling and better than private tolling. |
SCIMA