Ride-sourcing services play an increasingly important role in meeting mobility needs in many metropolitan areas. Yet aside from delivering passengers from their origins to destinations, ride-sourcing vehicles generate a significant number of vacant trips from the end of one customer delivery...

The current approach to driving automation has been primarily vehicle-centric. However, a vehicle-infrastructure cooperative approach, in which infrastructure and vehicles cooperate to perform the different driving tasks, may prevail in enabling automated driving. This paper conducts an economic...

This paper proposes a model of the ridesourcing market in presence of traffic congestion and with the provision of both solo and pooling services. Our analysis of the first-best solution shows that, under a highly congested scenario, the ridesourcing platform may enjoy non-negative profits....

The entry of transportation network companies like Uber and Lyft in the ride-hailing market has generated concerns that they unfairly compete against traditional street-hail services. However, regulatory action seeking to address this issue has either been lacking or has resulted in the...

China's slowing economic growth and rapid urbanization have made local government debt financing a significant issue. This study uses a sample of China’s provincial government data for the 2006–2012 period to examine the effect of the disclosure of financial information by local governments...

At its 19th National Congress, the Communist Party of China vowed to "strengthen the financial sector’s ability to serve the real economy." However, many studies provide evidence of the opposite trend, a problematic “transition from the real to the virtual,” among Chinese enterprises....

Early deployment of automated vehicles (AVs) may likely cause a loss of efficiency of the transportation system. However, after there are a sufficient number of such vehicles in the traffic stream, many benefits can be realized. It thus appears sensible to provide subsidies to promote the early...

China's slowing economic growth and rapid urbanization have made local government debt financing a significant issue. This study uses a sample of China's provincial government data for the 2006-2012 period to examine the effect of the disclosure of financial information by local governments on...

Government accounting can play a fundamental role in terms of institutional support and information support with regard to state governance. Firstly, this paper focuses on state governance in the core category of public power disposition and operation. Then, starting from the fundamental system...

This report presents the results of its performance assessment of the feasibility of applying cooperative vehicle-highway automation systems (CVHAS) to bus transit and freight movements in the metropolitan Chicago area. Cooperative vehicle-highway automation systems are systems that provide...