Template-Type: ReDIF-Paper 1.0
Series: Tinbergen Institute Discussion Papers
Creation-Date: 2022-06-07
Number: 22-036/II
Author-Name: Hao Wu
Author-Workplace-Name: Hunan University
Author-Name: Rene van den Brink
Author-Workplace-Name: Vrije Universiteit Amsterdam
Author-Name: Arantza Estevez-Fernandez 
Author-Workplace-Name: Vrije Universiteit Amsterdam
Title: Highway toll allocation
Abstract: This paper analyzes the allocation of the total toll collected in a highway among its segments. Based on different toll charging rules, we propose the Segments Equal Sharing method, the Exits Equal Sharing method, and the Entrances Equal Sharing method. We provide axioms and characterize these methods used to distribute the toll. Besides, we show how these methods can be obtained by applying the Shapley value to associated coalitional transferable utility games.	
Classification-JEL: R49, C71
Keywords: Highway toll allocation problem, Axiomatic characterization, Shapley value	
File-URL: https://papers.tinbergen.nl/22036.pdf
File-Format: application/pdf
File-Size: 539,036 bytes
Handle: RePEc:tin:wpaper:20220036