Modeling of traffic flows in the justification of projects of road construction in conditions of concession

Authors

DOI:

https://doi.org/10.15587/1729-4061.2020.193463

Keywords:

toll, road construction concessions, traffic flow, toll road, road construction

Abstract

A method for studying the expected traffic flow distribution between toll and alternative roads based on user behavior principles is proposed. It is assumed that the user’s behavior is rational: he always chooses the most suitable option. The proposed model takes into account the cost of fuel and lubricants, the time and toll of toll and alternative routes. This means that if the cost of toll and alternative roads is the same, the user will not care which route to choose. By changing the toll for 1 km, it is possible to affect the cost of the “expenses for the toll route” component and the corresponding traffic flow. Saturation of the road with vehicles will occur until, due to the complication of traffic on it, the total costs exceed those when driving another road.

Analytical models are developed and proposed for:

1) toll determination;

2) traffic flow distribution between toll and alternative roads.

The models provided information on the expected traffic flow distribution between toll and alternative routes. It is necessary for:

1) economic justification of project attractiveness for private investors and project feasibility under concession;

2) determination of traffic intensity, below which it is impractical for the authorities to set concession payments under the concession agreement.

The use of the models proposed by the authors is presented on the materials of the project of the construction phase of the Great Kyiv Ring Road (Ukraine)

Author Biographies

Nataliia Bondar, National Transport University M. Omelianovycha-Pavlenka, 1, Kyiv, Ukraine, 01010

Doctor of Economic Sciences, Associate Professor

Department of Economics

Stanislav Gendek, Rzeszow University of Technology Warsaw Rebels alley, 12, Rzeszow, Poland, 35-959

Doctor of Economic Sciences, Professor

Department of Economics

Oksana Karpenko, State University of Infrastructure and Technologies Ivana Ohienka str., 19, Kyiv, Ukraine, 03049

Doctor of Economic Sciences, Professor

Department of Management, Public Administration and Administration

Tamara Navrotskaya, National Transport University M. Omelianovycha-Pavlenka, 1, Kyiv, Ukraine, 01010

PhD, Associate Professor

Department of Management

Victoria Sukmaniuk, National Transport University M. Omelianovycha-Pavlenka, 1, Kyiv, Ukraine, 01010

Senior Lecturer

Department of Management

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Published

2020-02-29

How to Cite

Bondar, N., Gendek, S., Karpenko, O., Navrotskaya, T., & Sukmaniuk, V. (2020). Modeling of traffic flows in the justification of projects of road construction in conditions of concession. Eastern-European Journal of Enterprise Technologies, 1(4 (103), 33–42. https://doi.org/10.15587/1729-4061.2020.193463

Issue

Vol. 1 No. 4 (103) (2020): Mathematics and Cybernetics - applied aspects

Section

Mathematics and Cybernetics - applied aspects

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Copyright (c) 2020 Nataliia Bondar, Stanislav Gendek, Oksana Karpenko, Tamara Navrotskaya, Victoria Sukmaniuk

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