Staff Publications

Staff Publications

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    'Staff publications' is the digital repository of Wageningen University & Research

    'Staff publications' contains references to publications authored by Wageningen University staff from 1976 onward.

    Publications authored by the staff of the Research Institutes are available from 1995 onwards.

    Full text documents are added when available. The database is updated daily and currently holds about 240,000 items, of which 72,000 in open access.

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Record number 368344
Title Pricing, Capacity Choice and Financing in Tranportation Networks
Author(s) Rouwendal, J.; Verhoef, Erik
Source Amsterdam : Tinbergen Institute (Tinbergen Institute discussion paper TI 2003-027/3) - 24
Department(s) Economics of Consumers and Households Group
MGS
Publication type Scientific report
Publication year 2003
Keyword(s) transport - prijzen - wegen - modellen - financieren - prices - roads - models - financing
Categories Transport Sector
Abstract This paper explores the interrelations between pricing, capacity choice and financing in transportation networks. It builds on the famous Mohring-Harwitz result on self-financing of optimally designed roads under optimal congestion pricing, and specifically investigates its ins and outs in a network environment and under various types of second-best regulation. The paper develops a small network model, with endogenous car-ownership, in order to study these questions both from an analytical and a numerical viewpoint. It is for instance shown that application of the principle over an entire network may cause user prices to increase more strongly in initially mildly congested areas compared to heavily congested areas, and that a flat kilometre charge, provided accompanied with optimal capacity policies, may result in first-best efficiency gains
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