Advanced Transport and Spatial Systems Models : Applications to Korea

This book's focus is on modeling procedures and applications of integrated models to the analysis of real world problems. The models are actually applied to analyses of policy issues in Korea, where a strong mixed economic system prevails. The main thesis of this book is that the characteristics of socio-economic activity that best describe mixed economic systems are (1) the interaction between the public and private sectors and (2) the derived nature of transportation demand. On this basis, models that are introduced in this book explicitly describe real world situations where public and private sectors play significant roles in shaping regional economic systems. Further, these models are capable of suggesting optimal levels of government investment in transportation that most enhance the market system. Thus, models in this book are advanced in both theoretical and operational senses. The book will be of value to a variety of readers: urban planners, regional scientists, geographers, economists, systems analysts, operational researchers, applied mathematicians, and social scientists who are concerned with models of, and theories about, transportation in mixed economic systems