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Highway agencies around the world strive to improve practices for infrastructure maintenance and rehabilitation, using project delivery policies that range from total 'in-house' responsibility to complete privatization, with a number of flexible contracting policies such as performance-based...
Persistent link: https://www.econbiz.de/10008551198
This paper analyzes the trade-off between working at home and out-of-home, ICT and commuting time. To this end, we develop a microeconomic demand system, which explicitly incorporates both time and income constraints. Commuting time is considered as the price to be paid for working out-of-home...
Persistent link: https://www.econbiz.de/10005236145
This paper models strategic interactions between a road supplier, a provider of traffic information, and road users, with stochastic travel times. Using a game-theoretical analysis of suppliers’ pricing strategies, we assess the social welfare effects of traffic information under various...
Persistent link: https://www.econbiz.de/10010599304