Author
Ekici, Özgün
Publication Date
2022-10
Publication Place
-
Sosyoekonomi Society
Subject
Congestion, Toll bridges, Mixed duopoly, Regulation, Bosporus
Type
Periodical
Language
English
Digital
Yes
Manuscript
No
Library
Özyeğin University
Library Asset ID
ISSN 1305-5577
Record ID
2d0d387d-a36b-4f55-acb3-e21f4cab0b82
Library Location
Economics
Date
2022-10
Sample Text
For many years, two toll bridges served commuter demand to cross the strait called Bosporus in Istanbul, Turkey. An underground connection called the Eurasian tunnel had been recently launched to relieve the strait's traffic. We study a simple transportation model that incorporates the forces that have come into play after the opening of the Eurasian tunnel. We find that for welfare maximisation, the premium paid for using the tunnel should be fixed in the two directions and not excessive. The current toll regime violates these features, and we recommend its amendment in light of our findings.
DOI
10.17233/sosyoekonomi.2022.04.06
Cilt
30