Pricing , Capacity Choice , and Financing in Transportation Networks *

@inproceedings{Verhoef2004PricingC,
  title={Pricing , Capacity Choice , and Financing in Transportation Networks *},
  author={Erik Verhoef},
  year={2004}
}
This paper explores interrelations between pricing, capacity choice, and financing in transportation networks. We build on the Mohring-Harwitz result on self-financing of optimally designed and priced roads and investigate it in a network environment under various types of second-best regulation. A small network model with endogenous car ownership demonstrates that optimal congestion pricing and capacity choice over an entire network may cause user prices to increase more in initially mildly… CONTINUE READING
Highly Cited
This paper has 32 citations. REVIEW CITATIONS

From This Paper

Figures, tables, and topics from this paper.

References

Publications referenced by this paper.
Showing 1-10 of 34 references

Product Differentiation on Roads: Second-Best Congestion Pricing with Heterogeneity under Public and Private Ownership,’

  • Verhoef, T Erik, Kenneth A. Small
  • Journal of Transport Economics and Policy,
  • 2004

A Note on ‘Highway Pricing and Capacity Choice in a Road Network under a Build-Operate-Transfer Scheme,’’

  • Yang, Hai, Qiang Meng
  • Transportation Research,
  • 2002

Discrete Choice Models and Optimal Two-Part Tariffs in the Presence of Externalities: Optimal Taxation of Cars,’

  • De Borger, Bruno
  • Regional Science and Urban Economics,
  • 2001

Should Road Users Pay the Full Cost of Road Provision?’

  • Bichsel, Robert
  • Journal of Urban Economics,
  • 2001

The Value of ‘Value Pricing’ of Roads: Second-Best Pricing and Product Differentiation,’

  • Small, A Kenneth, Jia Yan
  • Journal of Urban Economics,
  • 2000

‘Congestion Modelling,’’ in D

  • Lindsey, C. Robin, Erik T. Verhoef.
  • A. Hensher and K. J. Button (eds.), Handbook of…
  • 2000

Improved Speed-flow Relationships: Application to Transportation Planning Models,’’ paper presented at the 7th Transportation Research Board conference on application of transportation planning

  • Singh, Rupinder
  • 1999

Efficient Congestion Tolls in the Presence of Unpriced Congestion: A Peak and Off-peak Simulation Model,’

  • Liu, N Louie, John F. McDonald
  • Journal of Urban Economics,
  • 1998

Similar Papers

Loading similar papers…