SOME THEORETICAL ISSUES IN THE PRICING OF TRANSPORTATION SYSTEMS

The transportation economics literatures contains a number of separate developments which typically are not combined into a single analysis. These include: (1) short-run peak-load pricing of transportation facilities; (2) long-run problems in determining the optimum size of transportation facilities; (3) regulation of transportation systems made up of several facilities (e.g., several roads going to the same place); and (4) incorporation of the value of time into transportation problems. This paper brings all of these issues together into a single transportation model. An empirical study which applies this model to airports is briefly described. For other kinds of transportation systems, this model can be adopted in a straightforward fashion by policy analysts, planners, and transport authorities.

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  • Corporate Authors:

    Western Washington University, Bellingham

    516 High Street
    Bellingham, WA  USA  98225
  • Authors:
    • Likens, J D
  • Publication Date: 1975-11

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Filing Info

  • Accession Number: 00153271
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Sep 20 1977 12:00AM