Research Extent Privitization Raise Nation's Welfare by Reducing Quality Travel US Highways
The purpose of this project is to identify and analyze the consequences that are likely to arise where a government agency competes directly with a private firm in the provision of highway services. This situation would allow private ownership and operation of highways to be introduced on a limited, controlled basis, and would require private operators to provide superior service in the lanes they controlled in order to compete effectively with a government agency offering free travel in the remaining lanes. At the same time, a private firm would be required to earn a reasonable profit in order to attract necessary investment capital, which would require it to charge tolls while competing with the free lanes operated by a public agency, while minimizing its costs for operating the lane(s).
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Supplemental Notes:
- Program Information: Transportation, Planning, Research and Development
Language
- English
Project
- Status: Completed
- Funding: $110000.00
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Contract Numbers:
DTOS59-05-G-00023
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Sponsor Organizations:
Department of Transportation
Office of the Secretary
1200 New Jersey Avenue, SE
Washington, DC United States 20590 -
Project Managers:
Swerdloff, Carl
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Performing Organizations:
Volpe National Transportation Systems Center
Cambridge, MA United States 02142Research and Innovative Technology Administration
Department of Transportation
1200 New Jersey Avneue, SE
Washington, DC United States 20590 -
Principal Investigators:
Radin, Sari
- Start Date: 20080501
- Expected Completion Date: 0
- Actual Completion Date: 20090430
- Source Data: RiP Project 35212
Subject/Index Terms
- TRT Terms: Capital investments; Highways; Privatization; Quality of service; Toll roads; Traffic lanes
- Subject Areas: Economics; Highways;
Filing Info
- Accession Number: 01492337
- Record Type: Research project
- Source Agency: Department of Transportation
- Contract Numbers: DTOS59-05-G-00023
- Files: RIP
- Created Date: Sep 6 2013 1:00AM