Showing 1 - 8 of 8
This paper focuses on the determination of optimal space allocation and optimal pricing for priority systems in container ports. The problem is formulated taking into account the intrinsic and logistic cargo value, and a capacity constraint that considers the various physical requirements of the...
Persistent link: https://www.econbiz.de/10005115100
A new approach to calculate the value of leisure is developed and applied. This is derived from a consumer behaviour model that includes goods and activities. A system of time assignment equations is explicitly obtained from which the values of both leisure and work can be analytically...
Persistent link: https://www.econbiz.de/10005191592
Multiple-discrete continuous choice models formulated and applied in recent years consider a single linear resource constraint, which, when combined with consumer preferences, determines the optimal consumption point. However, in reality, consumers face multiple resource constraints such as...
Persistent link: https://www.econbiz.de/10011065516
This paper reviews the problems associated with application of the concept of consumers' surplus to the measurement of benefits derived from a transportation investment. This review is warranted since such measurement is very complicated when alternative modes or different paths are available to...
Persistent link: https://www.econbiz.de/10005279878
Although income effect is likely to be present in mode choice for most of the population within the developing world, presently used approaches do not take it into account. In fact, the income variable that sometimes enters utility specifications has been justified as a proxy for other...
Persistent link: https://www.econbiz.de/10005228186
Usually accepted assumptions on the role of income in transport demand modelling are changed, in order to better account for the reality within developing countries. The usual specification of representative utility is shown to be inadequate and new forms are suggested. In particular, an...
Persistent link: https://www.econbiz.de/10005228275
The microeconomic foundations of mode choice models postulate modal utilities which are additive in income; this actually makes choice independent of this variable. On the other hand, it has been argued that income is correlated with variables that reflect taste and therefore, has a place in the...
Persistent link: https://www.econbiz.de/10005115101
Full description of transportation output as a vector of flows would make the estimation of transportation cost functions unfeasible in most real cases. In this paper we generate procedures to aggregate flows in an optimal way (i.e. such that a pseudo cost function specified in terms of...
Persistent link: https://www.econbiz.de/10005115205