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030 Department Bulletin Papers = 本学紀要論文
*Hitotsubashi journal of commerce and management
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Identifier to cite or link to this item: https://doi.org/10.15057/19447
Identifier to cite or link to this item: https://hdl.handle.net/10086/19447
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Title
POLICY ISSUES ASSOCIATED WITH ROAD CAPACITY OPTIMIZATION THROUGH SOCIAL MARGINAL COST CHARGING
Creator
Creator Name
MISUI, YUKI
MISUI, YUKI
味水, 佑毅
味水, 佑毅
Creator Name
NEMOTO, TOSHINORI
NEMOTO, TOSHINORI
根本, 敏則
根本, 敏則
Abstract
Economic theories demonstrate that when roads are congested, the social optimal traffic volume for addressing road capacity can be achieved through social marginal cost charging. Moreover, basedon the study by Mohring (1976), in the neutral economies of scale, optimization of roadcapacity can, theoretically, be achievedby appropriating the excess revenue derived from social marginal cost charging to additional investment in road capacity. To apply this approach to actual roadinvestment, however, we needto address the issues that impede the shift to optimal road capacity. In this study, we enhancedthe simulation analysis conductedin Misui andNemoto (2010, 2011), andevaluatedthe SMC charging through the examination of the relationship between the roadcapacity of the network andthe traffic environment roadusers faced. As a result, we pointedout three policy issues: (1) modification of SMC charges considering public acceptance, (2) feasibility of the optimal roadcapacity under cost-benefit criterion, and(3) long-term relationship between the urban structure andthe roadnetwork.
Publisher
Hitotsubashi University
Issued Date
2011-10
Language
English(eng)
Resource Type
departmental bulletin paper
Version Type
VoR
selfDOI
10.15057/19447
ISSN
0018-2796
NCID
AA00207536
Source Title
Hitotsubashi journal of commerce and management
Volume Number
45
Issue Number
1
Page Start
39
Page End
57
Appears in Collections
Vol. 45, no. 1 (Oct. 2011)
URL
https://hdl.handle.net/10086/19447
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