Showing 1 - 10 of 15
The replacement I-35W bridge in Minneapolis saw less traffic than the original bridge though it provided substantial travel time saving for many travelers. This observation cannot be explained by the classical route choice assumption that travelers always take the shortest path. Accordingly, a...
Persistent link: https://www.econbiz.de/10010837228
Using consistent agent-based techniques, this research explores the welfare consequences of product differentiation on congested networks. The economic analysis focuses on the source, evolution, measurement, and impact of product differentiation with heterogeneous users on a mixed ownership...
Persistent link: https://www.econbiz.de/10004988032
On August 1, 2007, the collapse of the I-35W bridge over the Mississippi River in Minneapolis abruptly interrupted the usual route of about 140,000 daily vehicle trips, which substantially disturbed regular traffic flow patterns on the network. It took several weeks for the network to...
Persistent link: https://www.econbiz.de/10008869013
Some travel demand management policies such as road pricing have been widely studied in literature. Rationing policies, including vehicle ownership quota and vehicle usage restrictions, have been implemented in several megaregions to address congestion and other negative transportation...
Persistent link: https://www.econbiz.de/10010719824
Persistent link: https://www.econbiz.de/10008106456
This dissertation examines why and how jurisdictions choose to finance theirroads. The systematic causes ofrevenue choice are explored qualitatively by examining the history of turn pikes. The question is approached analytically by employing game theory tomodel revenue choice on a long road. The...
Persistent link: https://www.econbiz.de/10011131002
This paper proposes and tests an agent-based model of worker and job matching. The model takes residential locations of workers and the locations of employers as exogenous and deals specifically with the interactions between firms and workers in creating a job-worker match and the commute...
Persistent link: https://www.econbiz.de/10010840382
This special issue includes 5 articles on value capture strategies used in transportation finance.
Persistent link: https://www.econbiz.de/10010840388
This study seeks to examine transit’s role in promoting social equity by assessing before-after impacts of recent transit changes in the Twin Cities, including opening of the Hiawatha light rail line, on job accessibility among workers of different wage categories. Geo-spatial, descriptive and...
Persistent link: https://www.econbiz.de/10010840392
A significant portion of local transportation funding comes from the property tax. The tax is conventionally assessed on both land and buildings, but transportation increases only the value of the land. A more direct, efficient way to fund transportation projects is to tax land at a higher rate...
Persistent link: https://www.econbiz.de/10010840399