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This study tries to analyze the efficiency and fairness of multiple participant decisional scheme of highway network consolidation. More specifically, two regional general equilibrium models analyze a decision rule with distributed decision by local governments on highway network consolidation theoretically. The role of central government in the bargaining results among local governments is clarified.
Systems, Man and Cybernetics, 2003. IEEE International Conference on (Volume:5 )
Date of Conference: 5-8 Oct. 2003