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Private roads, competition, and incentives to adopt time-based congestion tolling

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  • de Palma, Andre
  • Lindsey, Robin

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Article provided by Elsevier in its journal Journal of Urban Economics.

Volume (Year): 52 (2002)
Issue (Month): 2 (September)
Pages: 217-241

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Handle: RePEc:eee:juecon:v:52:y:2002:i:2:p:217-241

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Web page: http://www.elsevier.com/locate/inca/622905

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References

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  1. Verhoef, Erik & Nijkamp, Peter & Rietveld, Piet, 1996. "Second-Best Congestion Pricing: The Case of an Untolled Alternative," Journal of Urban Economics, Elsevier, Elsevier, vol. 40(3), pages 279-302, November.
  2. Suzanne Scotchmer, 1985. "Two-Tier Pricing of Shared Facilities in a Free-Entry Equilibrium," RAND Journal of Economics, The RAND Corporation, The RAND Corporation, vol. 16(4), pages 456-472, Winter.
  3. de Palma, Andre, 1992. "A Game-Theoretic Approach to the Analysis of Simple Congested Networks," American Economic Review, American Economic Association, American Economic Association, vol. 82(2), pages 494-500, May.
  4. Keeler, Theodore E & Small, Kenneth A, 1977. "Optimal Peak-Load Pricing, Investment, and Service Levels on Urban Expressways," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 85(1), pages 1-25, February.
  5. André DE PALMA & Luc LERUTH, 1989. "Congestion and Game in Capacity: a Duopoly Analysis in the Presence of Network Externalities," Annales d'Economie et de Statistique, ENSAE, ENSAE, issue 15-16, pages 389-407.
  6. George Norman & Jacques-François Thisse, 1998. "Technology Choice and Market Structure: Strategic Aspects of Flexible Manufacturing," Discussion Papers Series, Department of Economics, Tufts University, Department of Economics, Tufts University 9808, Department of Economics, Tufts University.
  7. Liu, Louie Nan & McDonald, John F., 1999. "Economic efficiency of second-best congestion pricing schemes in urban highway systems," Transportation Research Part B: Methodological, Elsevier, Elsevier, vol. 33(3), pages 157-188, April.
  8. Thisse, J.-F. & Vives, X., 1987. "On the strategic choice of spatial price policy," CORE Discussion Papers, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) 1987008, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  9. Reitman, David, 1991. "Endogenous Quality Differentiation in Congested Markets," Journal of Industrial Economics, Wiley Blackwell, Wiley Blackwell, vol. 39(6), pages 621-47, December.
  10. Jean-Jacques Laffont & Patrick Rey & Jean Tirole, 1998. "Network Competition: II. Price Discrimination," RAND Journal of Economics, The RAND Corporation, The RAND Corporation, vol. 29(1), pages 38-56, Spring.
  11. Small, Kenneth A, 1982. "The Scheduling of Consumer Activities: Work Trips," American Economic Review, American Economic Association, American Economic Association, vol. 72(3), pages 467-79, June.
  12. Chu, Xuehao, 1999. "Alternative congestion pricing schedules," Regional Science and Urban Economics, Elsevier, Elsevier, vol. 29(6), pages 697-722, November.
  13. Arnott, Richard & de Palma, Andre & Lindsey, Robin, 1993. "A Structural Model of Peak-Period Congestion: A Traffic Bottleneck with Elastic Demand," American Economic Review, American Economic Association, American Economic Association, vol. 83(1), pages 161-79, March.
  14. Small, Kenneth A. & Gomez-Ilbanez, Jose A., 1998. "Road Pricing for Congestion Management: The Transition from Theory to Policy," University of California Transportation Center, Working Papers qt8kk909p1, University of California Transportation Center.
  15. Kenneth S. Corts, 1998. "Third-Degree Price Discrimination in Oligopoly: All-Out Competition and Strategic Commitment," RAND Journal of Economics, The RAND Corporation, The RAND Corporation, vol. 29(2), pages 306-323, Summer.
  16. Silva, Emilson C. D., 1997. "A-la-Carte or Smorgasbord? Multiproduct Clubs with Costly Exclusion," Journal of Urban Economics, Elsevier, Elsevier, vol. 41(2), pages 264-280, March.
  17. Steinbacka, Rune & Tombak, Mihkel M, 1995. "Time-Based Competition and the Privatization of Services," Journal of Industrial Economics, Wiley Blackwell, Wiley Blackwell, vol. 43(4), pages 435-54, December.
  18. Nijkamp, Peter & Rienstra, Sytze A, 1995. "Private Sector Involvement in Financing and Operating Transport Infrastructure," The Annals of Regional Science, Springer, Springer, vol. 29(2), pages 221-35, May.
  19. Bulow, Jeremy I & Geanakoplos, John D & Klemperer, Paul D, 1985. "Multimarket Oligopoly: Strategic Substitutes and Complements," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 93(3), pages 488-511, June.
  20. Richard Arnott & Andre de Palma & Robin Lindsey, 1985. "Economics of a Bottleneck," Working Papers, Queen's University, Department of Economics 636, Queen's University, Department of Economics.
  21. Aguirre, Inaki & Espinosa, Maria Paz & Macho-Stadler, Ines, 1998. "Strategic entry deterrence through spatial price discrimination," Regional Science and Urban Economics, Elsevier, Elsevier, vol. 28(3), pages 297-314, May.
  22. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 1997. "Highway Franchising: Pitfalls and Opportunities," Documentos de Trabajo, Centro de Economía Aplicada, Universidad de Chile 15, Centro de Economía Aplicada, Universidad de Chile.
  23. AndrÊ de Palma & Robin Lindsey, 2000. "Private toll roads: Competition under various ownership regimes," The Annals of Regional Science, Springer, Springer, vol. 34(1), pages 13-35.
  24. Vickrey, William S, 1969. "Congestion Theory and Transport Investment," American Economic Review, American Economic Association, American Economic Association, vol. 59(2), pages 251-60, May.
  25. De Vany, Arthur & Saving, Thomas R, 1980. "Competition and Highway Pricing for Stochastic Traffic," The Journal of Business, University of Chicago Press, University of Chicago Press, vol. 53(1), pages 45-60, January.
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Citations

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Cited by:
  1. Winston, Clifford & Yan, Jia, 2011. "Can privatization of U.S. highways improve motorists' welfare?," Journal of Public Economics, Elsevier, Elsevier, vol. 95(7), pages 993-1005.
  2. de Palma, André & Kilani, Moez & Lindsey, Robin, 2007. "Maintenance, service quality and congestion pricing with competing roads," Transportation Research Part B: Methodological, Elsevier, Elsevier, vol. 41(5), pages 573-591, June.
  3. Alain Fayard & David Meunier & Emile Quinet, 2012. "Motorway Provision and Management in France: Analyses and Policy Issues," Networks and Spatial Economics, Springer, Springer, vol. 12(2), pages 299-319, June.
  4. Cantos-Sánchez, Pedro & Moner-Colonques, Rafael & Sempere-Monerris, José J. & Álvarez-SanJaime, Óscar, 2011. "Viability of new road infrastructure with heterogeneous users," Transportation Research Part A: Policy and Practice, Elsevier, Elsevier, vol. 45(5), pages 435-450, June.
  5. Clifford Winston, 2013. "On the Performance of the U.S. Transportation System: Caution Ahead," Journal of Economic Literature, American Economic Association, American Economic Association, vol. 51(3), pages 773-824, September.
  6. André de Palma & Robin Lindsey & Fang Wu, 2007. "Private operators and time-of-day tolling on a congested road network," THEMA Working Papers, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise 2007-02, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
  7. Xiao, Feng & Yang, Hai & Han, Deren, 2007. "Competition and efficiency of private toll roads," Transportation Research Part B: Methodological, Elsevier, Elsevier, vol. 41(3), pages 292-308, March.
  8. Kenneth A. Small, 2009. "Private Provision of Highways: Economic Issues," Transport Reviews, Taylor & Francis Journals, Taylor & Francis Journals, vol. 30(1), pages 11-31, July.
  9. Liu, Tian-Liang & Chen, Jian & Huang, Hai-Jun, 2011. "Existence and efficiency of oligopoly equilibrium under toll and capacity competition," Transportation Research Part E: Logistics and Transportation Review, Elsevier, Elsevier, vol. 47(6), pages 908-919.
  10. Takeshi Nagae & Takashi Akamatsu, 2006. "Dynamic Revenue Management of a Toll Road Project under Transportation Demand Uncertainty," Networks and Spatial Economics, Springer, Springer, vol. 6(3), pages 345-357, September.
  11. Clifford Winston & Jia Yan, 2008. "US Highway Privatization and Heterogeneous Preferences," Working Papers, School of Economic Sciences, Washington State University 2008-20, School of Economic Sciences, Washington State University.
  12. Quentin David & Renaud Foucart, 2012. "Modal choice and optimal congestion," CREA Discussion Paper Series, Center for Research in Economic Analysis, University of Luxembourg 12-03, Center for Research in Economic Analysis, University of Luxembourg.

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