Showing 1 - 8 of 8
This paper proposes an analytical framework for the scheduling decisions of road travellers that takes into account probability weighting using rank-dependent utility theory. The fundamental difference with the standard scheduling model based on expected utility is that the probabilities of...
Persistent link: https://www.econbiz.de/10010562320
Many European regions do not have traffic models that have been calibrated on data for that specific region. For such national and regional authorities that would like to have a first approximation of the travel demand impacts of changes in car cost and car travel times, the outcomes of the...
Persistent link: https://www.econbiz.de/10004988131
This article presents a methodology to determine the optimal intensity of Incident Management (IM) on the road in order to reduce time losses of road users. We combine the probability of time loss because of an incident with the expected average time loss in the cost function of the road user. A...
Persistent link: https://www.econbiz.de/10010562343
The authors study interaction on a two-lane road between the trips of two types of drivers who differ by their desired speeds. The difference in desired speeds causes congestion, because slow vehicles force fast vehicles to reduce their speed. Results for this type of congestion with respect to...
Persistent link: https://www.econbiz.de/10004988081
We analyse the scheduling decisions of competing transport operators, using a horizontal differentiation model with price-sensitive demand and asymmetric distance costs. Two competitors choose fares and departure times in a fixed time interval; consumers' locations indicate their desired...
Persistent link: https://www.econbiz.de/10010990159
This paper studies the efficiency impacts of private toll roads in initially untolled networks. The analysis allows for capacity and toll choice by private operators, and endogenises entry and therewith the degree of competition, distinguishing and allowing for both parallel and serial...
Persistent link: https://www.econbiz.de/10004988047
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Persistent link: https://www.econbiz.de/10004988117
The authors explore the properties of various types of public and private pricing on a congested road network, with heterogeneous users, and allowing for elastic demand. The network allows them to model certain features of real-world significance: pricing restrictions on either complementary or...
Persistent link: https://www.econbiz.de/10004988123