Equilibrium and Modal Split in a Competitive Highway/Transit System Under Different Road-use Pricing Strategies

Wen-Xiang Wu and Hai-Jun Huang ()

Journal of Transport Economics and Policy, 2014, vol. 48, issue 1, 153-169

Abstract: Considering body congestion in carriage and vehicle congestion in bottleneck queues in a competitive highway/transit system, we investigate the departure patterns of commuters through analysing the equilibria under three road-use pricing strategies. Each strategy is the combination of a time-varying toll and a flat toll. We find that the flat toll for minimising total social cost is negative and financial subsidy is needed to encourage some commuters to leave home earlier or later. A positive flat toll, for maximising the highway owner's profit, leads to shortening and extension of the departure time intervals using auto and transit modes, respectively. © 2014 LSE and the University of Bath

Date: 2014
References: Add references at CitEc
Citations: View citations in EconPapers (17)

Downloads: (external link)
http://www.catchword.com/cgi-bin/cgi?ini=bc&body=l ... 0140101)48:1L.153;1- (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:tpe:jtecpo:v:48:y:2014:i:1:p:153-169

Access Statistics for this article

Journal of Transport Economics and Policy is currently edited by B T Bayliss, S A Morrison, A Smith and D Graham

More articles in Journal of Transport Economics and Policy from University of Bath
Bibliographic data for series maintained by Christopher F. Baum ().