A shipping line may have more than one itinerary to transport containers from origin to destination. Customers choose which itinerary to use or using other shipping lines’ itinerary. We use the logit model to formulate customer’s behavior. We find that, on one side, when the freight rates of...

This paper proposes a decision tree model to estimate the loss to global economy on the hypothesis of an extreme scenario of blockade of the Straits of Malacca and Singapore. The insurance surcharges, inventory costs and the time values of cargoes, and Time Charter Equivalent rate are used to...

The complexity of the transportation system calls for a holistic solution approach that employs multiple modeling paradigms such as agent-based modeling and system dynamics. Various techniques for combining these paradigms are explored and logically classified, which helps guide hybrid modeling....

This paper investigates alternative methods to account for preference heterogeneity in choice experiments. Heterogeneity can be explained by assuming its influence to impact the systematic component of utility, the stochastic one or both. Seven different models were estimated to search for...

This study develops an electronic toll collection (ETC) disaggregate choice model based on a large-scale questionnaire survey of car drivers in Taiwan. To acknowledge the difference in preferences among car drivers, the latent class logit model is used to classify respondents into different...