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Integrated modeling framework for leasing urban roads: A case study of Fresno, California

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  • Rouhani, Omid M.
  • Niemeier, Debbie
  • Knittel, Christopher R.
  • Madani, Kaveh

Abstract

Increasing private sector involvement in transportation services has significant implications for the management of road networks. This paper examines a concession model’s effects on a road network in the mid-sized city of Fresno, California. Using the existing transportation planning models of Fresno, we examine the effects of privatization on a number of typical system performance measures including total travel time and vehicle miles traveled (VMT), the possibility of including arterials, and the differences between social cost prices and profit maximizing prices. Some interesting insights emerge from our analysis: (1) roads cannot be considered as isolated elements in a concession model for a road network; (2) roads can function as complements at some levels of demand and become substitutes at other levels; (3) policy makers/officials should consider privatizing/pricing arterials along with privatizing highways; (4) temporally flexible but limited price schedule regulations should be part of leasing agreements; and (5) non-restricted pricing may actually worsen system performance, while limited pricing can raise enormous profits as well as improve system performance.

Suggested Citation

  • Rouhani, Omid M. & Niemeier, Debbie & Knittel, Christopher R. & Madani, Kaveh, 2013. "Integrated modeling framework for leasing urban roads: A case study of Fresno, California," Transportation Research Part B: Methodological, Elsevier, vol. 48(C), pages 17-30.
    • Handle: RePEc:eee:transb:v:48:y:2013:i:c:p:17-30
    DOI: 10.1016/j.trb.2012.10.005
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    Cited by:

    1. Rouhani, Omid M. & Geddes, R. Richard & Gao, H. Oliver & Bel, Germà, 2016. "Social welfare analysis of investment public–private partnership approaches for transportation projects," Transportation Research Part A: Policy and Practice, Elsevier, vol. 88(C), pages 86-103.
    2. M. Rouhani, Omid, 2015. "Revenue Risk Mitigation Options for Toll Roads," MPRA Paper 67662, University Library of Munich, Germany.
    3. M. Rouhani, Omid, 2015. "Impact of Value of Time (VOT) on toll roads," MPRA Paper 65087, University Library of Munich, Germany.
    4. Omid, M. Rouhani, 2013. "Queue Dissipation Shockwave Speed for Signalized Intersections," MPRA Paper 53161, University Library of Munich, Germany.
    5. Omid, M. Rouhani, 2013. "Modified RPS Calculator: Inputs, Updating Procedure, and Outputs," MPRA Paper 53679, University Library of Munich, Germany.
    6. M Rouhani, Omid, 2016. "Social welfare analysis of HOV to HOT conversion," MPRA Paper 75816, University Library of Munich, Germany.
    7. Rouhani, Omid M. & Niemeier, Debbie, 2014. "Flat versus spatially variable tolling: A case study in Fresno, California," Journal of Transport Geography, Elsevier, vol. 37(C), pages 10-18.
    8. Omid M. Rouhani & H. Oliver Gao, 2016. "Evaluating Various Road Ownership Structures and Potential Competition on an Urban Road Network," Networks and Spatial Economics, Springer, vol. 16(4), pages 1019-1042, December.
    9. Rouhani, M. Rouhani, 2018. "Financing Sustainability and Resiliency of Transportation Infrastructure in an Era of Fiscal Constraint," MPRA Paper 88504, University Library of Munich, Germany.
    10. Rouhani, Omid, 2021. "Transportation Project Evaluation Methods/Approaches- Version 2," MPRA Paper 105729, University Library of Munich, Germany.
    11. Rouhani, Omid M., 2013. "Queue Dissipation Shockwave Speed– A Signalized Intersection Case Study," 54th Annual Transportation Research Forum, Annapolis, Maryland, March 21-23, 2013 206954, Transportation Research Forum.
    12. Lucas Kruitwagen & Kaveh Madani & Ben Caldecott & Mark H. W. Workman, 2017. "Game theory and corporate governance: conditions for effective stewardship of companies exposed to climate change risks," Journal of Sustainable Finance & Investment, Taylor & Francis Journals, vol. 7(1), pages 14-36, January.
    13. Rouhani, Omid M. & Knittel, Christopher R. & Niemeier, Debbie, 2014. "Road Supply in Central London: Addition of an Ignored Social Cost," Journal of the Transportation Research Forum, Transportation Research Forum, vol. 53(1).
    14. Rouhani, Omid M. & Oliver Gao, H. & Richard Geddes, R., 2015. "Policy lessons for regulating public–private partnership tolling schemes in urban environments," Transport Policy, Elsevier, vol. 41(C), pages 68-79.
    15. M. Rouhani, Omid, 2014. "Road pricing: An overview," MPRA Paper 59662, University Library of Munich, Germany.
    16. Rouhani, Omid M. & Oliver Gao, H., 2014. "An advanced traveler general information system for Fresno, California," Transportation Research Part A: Policy and Practice, Elsevier, vol. 67(C), pages 254-267.
    17. Rouhani, Omid M. & Niemeier, Debbie & Gao, H. Oliver & Bel, Germà, 2016. "Cost-benefit analysis of various California renewable portfolio standard targets: Is a 33% RPS optimal?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 62(C), pages 1122-1132.
    18. Rouhani, Omid, 2017. "Manage energy/environmental footprints of travel: A proposed solution/methodology," MPRA Paper 83344, University Library of Munich, Germany.
    19. Omid M. Rouhani, 2016. "Next Generations of Road Pricing: Social Welfare Enhancing," Sustainability, MDPI, vol. 8(3), pages 1-15, March.
    20. M. Rouhani, Omid, 2019. "Transportation Project Evaluation Methods/Approaches," MPRA Paper 91451, University Library of Munich, Germany.

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