Research on regulations for the price level of highway toll

This article is based on the natural monopoly attribute of highway industry and clears the necessity, goals and benefits of regulatory constraints on the price level of highway toll firstly. Secondly, after comparing monopoly price, marginal cost and average cost, those are three main methodologies for price regulation, the most reasonable means to determine the regulatory price level is put forth. Thirdly, by drawing lessons from implementing state regulations of the developed countries on the natural monopoly industries, our country´s price level model of highway toll is built.