This paper proposes an alternate formulation for the combined distribution and assignment (CDA) problem, which seeks to determine consistent level-of-service and flow values of the trip distribution and traffic assignment steps. The CDA problem is modeled as a hierarchical travel choice problem...

Passenger’s transfer route choice behavior is one of the prominent research topics in the field of railway transportation. Existing traffic assignment approaches do not properly account for passenger’s expectation for transfer reliability. In this study, the transfer reliability is...

Extensive research on the near surface movement of sand particles has focused on wind tunnel experiments, theoretical analysis, and numerical simulation of sand saltation under ideal and controllable conditions. Most field observations are results on the average rate of sand transport over some...

The performances of solar cell arrays based on a Trough Concentrating Photovoltaic/Thermal (TCPV/T) system have been studied via both experiment and theoretical calculation. The I–V characteristics of the solar cell arrays and the output performances of the TCPV/T system demonstrated that...

Layered image transmission is successfully adopted for different system applications. Generally, in this technique, image is divided into number of layers for easy and fast transmission keeping the concept of multi-description representation. This configuration helps to make overall system...

The main purpose of this paper is to present the use of multi-resource remote sensing data, an incomplete landslide inventory, GIS technique and logistic regression model for landslide susceptibility mapping related to the May 12, 2008 Wenchuan earthquake of China. Landslide location polygons...

Methods to control China's CO2 emissions under its rapid economic development process have received much attention. As the top industrialized and urbanized region in China, Beijing is a good case to show the trends of CO2 emissions in China, and examining how different drivers influence the CO2...

We consider a risk-averse entrepreneur who invests in a project with idiosyncratic risk. In contrast to the literature, we assume the entrepreneur is unable to get a loan from a bank directly because of the low creditability of the entrepreneur and so an innovative financial contract, named...

The paper considers the option of an investor to invest in a project that generates perpetual cash flows, of which the drift parameter is unobservable. The investor invests in a liquid financial market to partially hedge cash flow risk and estimation risk. We derive two 3-dimensional non-linear...

We study the classical real option problem in which an agent faces the decision if and when to invest optimally into a project. The investment is assumed to be irreversible. This problem has been studied by Myers and Majd (Adv Futures Options Res 4:1–21, 1990) for the case of a complete...