Based on a sample of drivers in Brasilia's streets, this article investigates whether distraction explains traffic accidents. A probit model is estimated to determine the predictive power of several variables on traffic accidents. The main conclusion drawn from this study is that the proxies...

Road pricing in London attracts a great deal of interest. A challenging aspect of the London scheme is that congestion tax revenue is used to upgrade public transit networks. Although Parry and Bento (2001) show that the total social surplus would increase if congestion tax revenues are used to...

Based on a sample of drivers in Brasilia's streets, this article investigates whether distraction explains traffic accidents. A probit model is estimated to determine the predictive power of several variables on traffic accidents. The main conclusion drawn from this study is that the proxies...

Using a dataset of 3,404 acts of maritime piracy from 1996 to 2008, this paper investigates whether piracy is related to the economic development and socio-political status of countries where attacks occur.

What is the relationship between the arrival rate of tourists at a transport providing firm's depot and the long run expected wait time experienced by individual tourists in this depot? We use a renewal theoretic framework in this note to answer this question. Our analysis yields two results....

In this paper, we analyze a discrete-time Markov chain theoretic model of the provision of guided tours to tourists by a private firm. Specifically, we first determine the equilibrium probability distribution of the number of tourists in the guided tour providing firm's waiting room just before...

Conventional studies on the pricing of bus services use the cost structure to explain bus fares. In this paper, a hedonic pricing model for bus services in Hong Kong is estimated. The contributions of cost and market factors are uncovered. It is found that the cost factors dominate the...

The Bus Rapid Transit (BRT) for the Satorn/Rajpruek route in Bangkok is characterized by four inbound lanes and four outbound lanes separated by a traffic island. The lanes adjacent to the traffic island are designated as the BRT lane where no vehicles, except the BRT buses, are allowed access....

Using province-level panel data in China, we examine the relationship between traffic accidents and economic growth. A semiparametric partial linear model is used to account for potential nonlinearity in the relationship. The estimation results indicate that the relationship exhibits an inverted...

In this paper, we analyze a discrete-time Markov chain theoretic model of the provision of guided tours to tourists by a private firm. Specifically, we first determine the equilibrium probability distribution of the number of tourists in the guided tour providing firm's waiting room just before...