| Article ID: | iaor20032903 |
| Country: | United Kingdom |
| Volume: | 38E |
| Issue: | 5 |
| Start Page Number: | 379 |
| End Page Number: | 388 |
| Publication Date: | Sep 2002 |
| Journal: | Transportation Research. Part E, Logistics and Transportation Review |
| Authors: | Danielis Romeo, Marcucci Edoardo |
| Keywords: | economics, transportation: road |
The paper examines the efficiency of different road pricing regimes in reducing the total costs of travel when a competing railroad service is available. Extendiing the two-mode model developed by Tabuchi we show that when the railroad fare is set equal to average cost the difference in efficiency among the fine-toll and the uniform-toll regimes is reduced or possibly reversed. The extent of the reversal or reduction depends on the amount of fixed railroad costs.