|
_______________________________Free-entry eq |
uilibrium: ne_________________________________ | ||
|
No congestion |
Unpriced congestion |
Congestion & fine | |
|
ne___________________ |
3.7 |
5.014 |
4.407_______________ |
|
pe- we______________ |
0.54____________________ |
0.66_________________ |
0.65_________________ |
|
Welfare [hr]_______ |
10.565_________________ |
10.235 (reference) |
10.384 (reference) |
|
s (index) 26,309 |
∞_____________ |
100_________________ |
100_________________ |
|
____________________Optimized number of subcenters: n°(s); s = 100____________________ | |||
|
n°(s)_______________ |
2.7______________________ |
4.35_________________ |
3.78_________________ |
|
Welfare gain______ |
0.023___________________ |
0.004_______________ |
0.008_______________ |
|
_____________Optimized number of subcenters n° and optimized road size s°_____________ | |||
|
s° (index)__________ |
94_________________ |
67_________________ | |
|
n°________________ |
5.333________________ |
5.333________________ | |
|
Welfare gain wrt |
0.124 |
0.123 | |
Table 2 Numerical illustration for the Base case parameters: μw = μd = 0.2.
|
_______________________________Free-entry eq |
uilibrium: ne_________________________________ | ||
|
No congestion |
Unpriced congestion |
Congestion & fine | |
|
ne___________________ |
9 |
10.523 |
9.811______________ |
|
pe- we |
1.33____________________ |
1.46________________ |
1.45________________ |
|
Welfare [hr] |
11.882______________ |
11.588 (reference) |
11.728 (reference) |
|
s (index) 12,536 |
∞_____________ |
100_________________ |
100_________________ |
|
____________________Optimized number of subcenters: n°(s); s = 100____________________ | |||
|
n°(s)________________ |
_8______________________ |
9.83________________ |
8.99_______________ |
|
Welfare gain |
0.009________________ |
0.004_____________ |
~ 0_______________ |
|
_____________Optimized number of subcenters n° and optimized road size s°_____________ | |||
|
s° (index) |
66________________ |
47_______________ | |
|
n° |
16_________________ |
16_________________ | |
|
Welfare gain wrt |
0.629 |
0.631 | |
Table 3 Numerical illustration for the Base case parameters: μw = μd = 0.6.
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