In this paper, we derive a structural model for commuting speed. We presume that commuting speed is chosen to minimise commuting costs, which encompass both monetary and time costs. At faster speed levels, the monetary costs increase, but the time costs fall. Using data from Great Britain, we...

An important question facing air transport forecasters and developers of airport capacity in the UK is how robust is air passenger traffic to exogenous shocks such as, for example, September 11 and the second Gulf war. To address this question, this paper analyses statistical properties of air...

The problem of traffic congestion and associated externalities has become a major focus of transport policies in recent years. Legislation has been passed recently in the United Kingdom to empower local authorities to implement road-user charging. This study investigates the effect of a...

The value of fatal risk reductions is a vital input for road safety cost-benefit analysis and has been traditionally estimated by means of contingent valuation in spite of the growing criticism surrounding this approach. Furthermore, many scholars believe that risk-money trade-offs are not well...

We develop a model to analyse the interactions between actors involved in car and fuel taxation: consumers, car producers, fuel producers and the government. Heterogeneous consumers choose between two versions of a car that differ in engine type (diesel or gasoline). Car manufacturers and fuel...

This paper evaluates cost and scale efficiencies of Switzerland's regulated rural bus companies operating in regional networks. The adopted methodology can be used in benchmarking analyses applied to incentive regulation systems. Moreover, the estimations can be used to evaluate the bidding...

Scheduled transport operators' pricing, departure timing and frequency decisions are analysed in a horizontal product differentiation model with two dimensions. The first dimension concerns the availability of a departure at the preferred time of consumers. The second dimension concerns...

This study examines airfares for flights serving small and large communities, and attempts to explain their differences using a 10 per cent sample of all tickets sold nationwide in the year prior to the terrorist attacks of 11 September 2001. The study finds airfares that are 11 per cent higher...

We develop and estimate a model of railroad pricing over a network where railroads may, or may not, face upstream, or downstream, competition with barges. Service quality differences amongst modes and link economies may result in railroad pricing which can exclude barge movements in the...

We consider a market with three competitors, two of which decide to cooperate. Firms first choose capacity under demand uncertainty, then compete in quantities after the uncertainty has been resolved. We specify strategic alliance (SA) as an agreement where two airlines jointly choose capacity...