A tri-level optimization model for a private road competition problem with traffic equilibrium constraints

• Main Authors: Gu, Yan, Cai, Xingju, Han, Deren, Wang, David Zhi Wei
• Other Authors: School of Civil and Environmental Engineering
• Format: Article
• Language: English
• Published: 2020
• Subjects: Engineering::Civil engineering; Transportation; Build-Operate-Transfer
• Online Access: https://hdl.handle.net/10356/141180
• Institution: Nanyang Technological University

The Build-Operate-Transfer (BOT) scheme is widely applied in many cities, wherein firms compete to invest in road building and aim to maximize their profits by collecting tolls from users traveling on the roads under their control. Previous research analyzing the private road competition problem ass...