Pareto-improving toll adjustment for a buildoperate-transfer toll road project with unknown demand

The social welfare gain and investment return are two main concerns of a road investment project, and they are usually key components of a Build-operate-transfer (BOT) contract. Therefore, the Pareto efficient outcomes of the two objectives are attractive for both government and private investor. Th...

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Bibliographic Details
Main Authors: Zhijia Tan, Wei Tan
Format: Article
Language:English
Published: TU Delft OPEN Publishing 2014-01-01
Series:European Journal of Transport and Infrastructure Research
Online Access:https://journals.open.tudelft.nl/ejtir/article/view/3016