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Identifier to cite or link to this item: https://hdl.handle.net/10086/19162

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Title
Road Planning through Long-run Marginal Social Cost Charging
Creator
Creator Name
Misui, Yuki Misui, Yuki
Affiliation
Affiliation Name
Takasaki City University of Economics
Creator Name
Nemoto, Toshinori Nemoto, Toshinori
Affiliation
Affiliation Name
Hitotsubashi University
Key Word
Long-run marginal social cost (LMC)
Short-run marginal social cost (SMC)
Milebased charging
Road capacity optimization
Abstract
In the past decade, there have been many studies concerning the application of short-run marginal social cost (SMC) charging on road use. However, SMC charging has hardly been applied to actual cases and the surrounding situation of LMC charging is almost similar to SMC charging.In this paper, we discuss several issues relevant to SMC charging and propose a new road-planning scheme based on long-run marginal social cost (LMC) charging with a simulation analysis. As the results of the simulation analysis, we revealed the following. The SMC charging achieves the long-run optimal road capacity efficiently but then the charging requires the abrupt changes of the amount. The LMC charging with bond (like current toll scheme) is a good choice respect to the equity between generations, but it cannot achieve the long-run optimal level of cost benefit ratio. The LMC charging is the useful second best alternative to achieve the long-run optimal road capacity moderately with a small loss of cost benefit ratio.
Description
12th World Conference on Transport Research, July 11-15, 2010 Lisbon, Portugal
Issued Date
2010
Language
English(eng)
Resource Type
conference object
Version Type
VoR
Appears in Collections
050 Conference Papers and Presentations (General) = 会議・学会資料(全般)
URL
https://hdl.handle.net/10086/19162