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Bringing together insights and perspectives from close to 70 of the world’s leading experts in the field, this timely Handbook provides an up-to-date guide to the most recent and state-of-the-art advances in transport economics. The comprehensive coverage includes topics such as the...
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Intelligent Transportation Systems (ITS) aim at reducing travel times by making more efficient use of the existing transportation infrastructure through the use of state-of-the-art information technology solutions. It is, however, important to determine the impact of these technologies before...
Persistent link: https://www.econbiz.de/10005131105
This paper presents various methods of estimating the full marginal cost (FMC) of highway passenger transportation. First, the computation of FMC is performed using the marginal cost functions, most of which were developed by Ozbay et al. [Ozbay, K., Bartin, B., Berechman, J., 2001. Estimation...
Persistent link: https://www.econbiz.de/10005270899
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Day-to-day route choice behavior of drivers is analyzed by the introduction of a new route choice model developed using stochastic learning automata (SLA) theory. This day-to-day route choice model addresses the learning behavior of travelers on the basis of experienced travel time and...
Persistent link: https://www.econbiz.de/10009458728
<title>Abstract</title> This paper reviews the literature on the evacuation demand problem, with an emphasis on the impact of various modelling approaches on network‐wide evacuation performance measures. First, a number of important factors that affect evacuee behaviour are summarized. Evacuation software...
Persistent link: https://www.econbiz.de/10010973202
Numerous studies have found positive correlation between transportation infrastructure investment and economic development. Basically these studies use a conventional production function model augmented by a public capital input, mainly highways, rail and other transportation facilities. While...
Persistent link: https://www.econbiz.de/10005722792
The impact of highway investments on economic development is investigated. Spatial and temporal aspects of transportation investments are studied by analyzing lagged and spillover effects, and the contribution of past output levels to the current output using a dynamic model. County level data...
Persistent link: https://www.econbiz.de/10005220987
This paper evaluates the efficiency of New Jersey Turnpike (NJTPK) time-of-day pricing program via derivation of value of travel time (VOTT) from an analytical approach. The proposed model extends classical time allocation models while considering departure/arrival time choices and relaxes the...
Persistent link: https://www.econbiz.de/10005270798