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Infrastructure pricing and competition between modes in urban transport

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  • Eric Pels
  • Erik T Verhoef

Abstract

Privatization of transit and roads is gaining increasing interest. This paper develops a model in which infrastructure pricing and optimal capacity are analyzed under both public and private regimes. It compares optimal outputs (number of passengers) and capacities of public and private operators of rail transport. A crucial aspect of the paper is competition between modes: for instance, how are optimal outputs and capacities of the private railway operator influenced by the strategic decisions on the road capacity and tolls for the private (car) alternative?

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Bibliographic Info

Article provided by Pion Ltd, London in its journal Environment and Planning A.

Volume (Year): 39 (2007)
Issue (Month): 9 (September)
Pages: 2119-2138

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Handle: RePEc:pio:envira:v:39:y:2007:i:9:p:2119-2138

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Web page: http://www.pion.co.uk

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Cited by:
  1. Ishii, Masahiro & Lee, Paul Tae-Woo & Tezuka, Koichiro & Chang, Young-Tae, 2013. "A game theoretical analysis of port competition," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 49(1), pages 92-106.
  2. Kraus, Marvin, 2012. "Road pricing with optimal mass transit," Journal of Urban Economics, Elsevier, vol. 72(2), pages 81-86.
  3. van der Weijde, Adriaan Hendrik & Verhoef, Erik T. & van den Berg, Vincent A.C., 2013. "Competition in multi-modal transport networks: A dynamic approach," Transportation Research Part B: Methodological, Elsevier, vol. 53(C), pages 31-44.
  4. Adriaan Hendrik van der Weijde & Erik T. Verhoef & Vincent van den Berg, 2012. "Competition in Multi-Modal Transport Networks: A Dynamic Approach," Tinbergen Institute Discussion Papers 12-116/VIII, Tinbergen Institute.

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