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There is an increasing demand for transport decisions to be made in thelight of some form of what may generically be called cost benefit analysis(CBA). The actual techniques may vary and often deviate quite significantlyfrom the conventional economic concept of CBA but in all cases theprocedures...
Persistent link: https://www.econbiz.de/10011284076
Price elasticities of transport demand are an important tool toassess the impacts of pricing policies. Empirical research on these elasticitiesleads to a rather wide range of outcomes. There is obviously a need for a morerigorous methodological framework. This paper provides a new...
Persistent link: https://www.econbiz.de/10011303872
For a quarter century, a top priority in transportation economic theory has been to develop models of rush-hour traffic … dynamics that incorporate traffic jams (hypercongestion). The difficulty has been that "proper" models result in mathematical …
Persistent link: https://www.econbiz.de/10011305426
We develop a spatial model of energy exploitation where energy sources are differentiated by their geographic location and energy density. The spatial setting creates a scaling law that magnifies the importance of differences across energy sources. As a result, renewable sources twice as dense,...
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This paper discusses a number of issues centred around the evaluation of the benefits and costs of transport. It is argued that, for various reasons, transport cannot be treated as an ‘ordinary’ economic sector, and in the paper the policy implications of a number of the sector’s...
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Transportation problem at its general form consists in finding an optimum transportation plan of a product from the receiving centers to consuming centers, so that the transportation costs to be minimal
Persistent link: https://www.econbiz.de/10013133942