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We use the Vickrey–Clarke–Groves auction mechanism to propose a system of primary auctions of slots at congested … European airports. The system would ensure allocative efficiency and would be incentive-compatible, flexible, understandable …
Persistent link: https://www.econbiz.de/10010930570
This paper reviews the economic literature relating to aviation safety; analyzes the safety record of commercial passenger aviation in the United States and abroad; examines aviation security as a growing dimension of aviation safety; and identifies emerging issues in airline safety and challenges...
Persistent link: https://www.econbiz.de/10010868650
This paper reviews theoretical issues surrounding transport safety modeling and the implications for road safety policy. The behavioral mechanisms that affect transport safety are typically not considered in safety modeling. These issues are discussed in the context of trade-offs between...
Persistent link: https://www.econbiz.de/10010868655
Due to the importance of drayage operations, operators at marine container terminals are increasingly looking to reduce the time a truck spends at the terminal to complete a transaction. This study introduces an agent-based approach to model yard cranes for the analysis of truck turn time. The...
Persistent link: https://www.econbiz.de/10010868657
This paper reviews road safety performance in the United States. The paper develops a framework for assessing dimensions of road safety, and analyzes the importance of economic factors, travel patterns, demographics, road/traffic/vehicle technology, driver behavior, and public policy. Issues and...
Persistent link: https://www.econbiz.de/10010868676
concept of an ‘Inland-Depots-for-Empty-Containers’ (IDEC) system for effective regional repositioning of empty containers. We …
Persistent link: https://www.econbiz.de/10010635954
This study analyzes stated willingness to pay (WTP) for traffic safety, the use of traffic safety equipments, and the consistency between the two. Using data from a Swedish contingent valuation study we find that the estimated value of a statistical life (VSL) based on the respondents'...
Persistent link: https://www.econbiz.de/10010665571
This paper investigates the injury severity of pedestrians considering detailed road user characteristics and alternative model specification using a high-quality Danish road accident data. Such detailed and alternative modeling approach helps to assess the sensitivity of empirical inferences to...
Persistent link: https://www.econbiz.de/10010665572
Rationality is an ideal for transport safety policy. As developed within normative welfare economics, rationality denotes the efficient use of safety measures based on cost–benefit analyses that include all relevant impacts of the measures. Efficiency in the technical sense of the term...
Persistent link: https://www.econbiz.de/10010665573
Road safety policies and automobile insurance contracts often use incentive mechanisms based on traffic violations and accidents to promote safe driving. Can these mechanisms improve road safety efficiently? Do they reduce asymmetric information between drivers and insurers and regulators? In...
Persistent link: https://www.econbiz.de/10010665574