This paper presents a game-theoretic bargaining approach to allocating rail line capacity in vertically integrated systems. A passenger rail agency negotiates with the host freight railroad to determine train schedules and the associated payment. The objective on the passenger side is to...

Investment in new transportation infrastructure is capital-intensive and irreversible in nature. Uncertainty and risk are two inherent problems associated with such investments, and must be analyzed prudently. Though these two terms are often used interchangeably, their implications from...

Investment in new large transportation infrastructure is capital-intensive and irreversible in nature. Private sector participation in infrastructure investment has gained popularity in recent times because of scarcity of resources at the public sector, and because of the ability of the private...

In the last five decades, much of the focus on travel cost has been on what form pricing should take, whether it should be a direct road toll, in the form a Vehicle Miles Traveled (VMT) tax, encapsulated in the gas tax, or by some other mechanism. An area that has received much less attention,...

Traditional economic analysis techniques used in the assessment of Public Private Partnership (PPP) projects are based upon the assumption that future cash flows are fully deterministic in nature and are not designed to account for risks involved in the assessment of future returns. In reality,...

Emission reduction strategies are gaining attention as planning agencies work towards adherence to air quality conformity standards. Policymakers struggling to reduce greenhouse gases (GHG) must grapple with a growing number of travel demand policies. To consider any of these emerging demand...