Infrastructure Pricing and Competition between Modes in Urban Transport

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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? © 2007 a Pion publication printed in Great Britain.
Original languageEnglish
Pages (from-to)2119-2138
Number of pages20
JournalEnvironment and Planning A
Publication statusPublished - 2007


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