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- W594890359 abstract "Although the assumption has been made that intercity highways would provide the natural testing ground for increased private participation in the provision of road services, such an assumption may be unwarranted. It is true that intercity highways more easily fit the mold of a traditional toll road. However, there is no compelling necessity to adhere to this mold. The urban environment, in contrast, offers some significant attractions as a testing ground for privatization innovations. The need for innovative solutions is much more apparent in the urban setting. Urban traffic congestion and the higher cost of constructing new capacity point to a more urgent need for cost-effective solutions. The urban setting also presents more diversity of options for examining privatized alternatives. The possibilities for comparison and competition among possible approaches are much broader in an urban environment. For example, the potential problem of abuse of private monopoly power is less pronounced in a city street system with numerous parallel routes than in a rural highway system route that has no close substitutes. This paper will be conceptual in nature. The goal is to examine the thought processes that could guide experimentation with privatization in order to consider whether the best candidates for initial test cases might be urban rather than rural roads." @default.
- W594890359 created "2016-06-24" @default.
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- W594890359 date "1987-01-01" @default.
- W594890359 modified "2023-09-24" @default.
- W594890359 title "INTRAURBAN ROAD PRIVATIZATION" @default.
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