The effects of decentralized capacity decisions for congested self-financed roads
Sofia Grahn-Voorneveld
Transportation Research Part A: Policy and Practice, 2013, vol. 56, issue C, 49-60
Abstract:
This paper studies the differences between centralized and decentralized decisions for capacity and road user charges on a congested self-financed road with local, national and international traffic. Road user charges are allowed only to cover the costs for providing the road with a specific capacity, and to cover external costs caused by traffic. The road is either provided by the nation, or else this responsibility is decentralized to the community.
Keywords: Road capacity; Congestion; Decentralization; Self-financed roads (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:eee:transa:v:56:y:2013:i:c:p:49-60
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DOI: 10.1016/j.tra.2013.08.005
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