Observatorio de I+D+i UPM

Memorias de investigación
Research Publications in journals:
Optimal Welfare Price for a Highway Competing with an Untolled Alternative: Influence of Income Distribution
Year:2018
Research Areas
  • Land transport
Information
Abstract
The main objective of this paper is to add knowledge in that area by analyzing the influence of the distribution of the values of travel time (VTT) of the users, which is closely related to their income distribution, on the optimal toll price. To solve this problem, the authors defined a mathematical model aimed at obtaining the optimal welfare price for this kind of corridor under the hypothesis that the drivers assume that the average flow conditions will prevail. Under the assumptions made in the paper and for the type of network studied, the results showed that the higher was the average VTT, the higher was the optimal price; and the higher was the dispersion (variance) of this VTT, the lower was the optimal price.
International
Si
JCR
Si
Title
Journal of Infrastructure Systems
ISBN
1076-0342
Impact factor JCR
1,356
Impact info
Volume
24
10.1061/(ASCE)IS.1943-555X.0000412
Journal number
1
From page
04018001-1
To page
04018001-9
Month
MARZO
Ranking
Participants
  • Autor: Jose Manuel Vassallo Magro (UPM)
  • Autor: Alejandro Ortega Hortelano
  • Autor: Juan I. Pérez Díaz
Research Group, Departaments and Institutes related
  • Creador: Grupo de Investigación: Planificación del Transporte
  • Centro o Instituto I+D+i: Centro de Investigación del Transporte
S2i 2020 Observatorio de investigación @ UPM con la colaboración del Consejo Social UPM
Cofinanciación del MINECO en el marco del Programa INNCIDE 2011 (OTR-2011-0236)
Cofinanciación del MINECO en el marco del Programa INNPACTO (IPT-020000-2010-22)