Joint pricing and design of urban highways with spatial and user group heterogeneity.

Autor:	Dimitriou, Loukas, Tsekeris, Theodore, Stathopoulos, Antony
Předmět:	PRICING MARKETING ROAD construction HEAVY construction TRANSPORTATION
Zdroj:	NETNOMICS: Economic Research & Electronic Networking; Apr2009, Vol. 10 Issue 1, p141-160, 20p, 5 Charts, 3 Graphs, 1 Map
Abstrakt:	This paper addresses the joint optimization of capacity investments and toll charges imposed on multi-group users in monopolistic private highways within general road networks. A game-theoretic formulation is provided that leads to a nonconvex bilevel program. The proposed modeling framework handles several complex issues raised in realistic applications, such as regulations on the levels of tolls and service, and the discrete nature of highway capacity, using a genetic optimization technique. Real-application results show the importance of considering the spatial heterogeneity of prices, and the tradeoff between investments and pricing strategies in regulated private highways. [ABSTRACT FROM AUTHOR]
Databáze:	Complementary Index
Externí odkaz:	Zobrazit plný text záznamu Full text from SpringerLink