The assumption that the penalty for being early is less than that for being late was put forward by Vickrey (1963) who analyzed how commuters compare penalties in the form of schedule delay (due to peak hour congestion), against penalties in the form of reaching their destination (ahead or...

Randal O'Toole reviews Robert Bruegmann's SPRAWL. Richard Gordon reviews Jan Kalicki and David Goldwyn's ENERGY AND SECURITY. George Leef reviews Joseph Vranich's END OF THE LINE. Richard Gordon reviews James Griffin and Stephen Puller's ELECTRICITY DEREGULATION

Additional highway capacity, by increasing travel speed, affects the individual share of time within a 24-hour budget allocated to various activities (time spent at and traveling to home, shop, work and other). Some activities will be undertaken more, others less. This paper extends previous...

We examine effects of urban passenger rail upgrades to Auckland's Western Line, including double tracking, station development, and related urban renewal projects. The results are used to assess anticipated net benefits of the developments. The rail-related upgrades are expected to be completed...

In this paper we develop a framework to value public investments with the purpose of increasing bicycling that explicitly accounts internal costs of bicycling, which are typically neglected in current established approaches that value bicycle spending by means of gross health benefits alone, as...

Mobility Management refers to the policies and soft measures for the achievement of a more sustainable and efficient transportation system. During the last few years, many cities and even regions have started implementing transportation policies based on Mobility Management for the modification...

There has been wide interest in private supply of roads as a solution to traffic congestion. We study its efficiency under demand uncertainty: we solve for equilibrium and optimum as benchmarks, and evaluate the efficiency of possible regulatory policies for private road operators. We obtain...

A quantitatively and qualitatively efficient transport infrastructure is a fundamental requirement for the success and prosperity of the German economy, with its high degree of labor division, its many exchange relationships, and its central European location. The transport infrastructure...

Transport is characterised by market failures that are of particular importance in urban settings. This paper reviews market failures and policy failures in The Netherlands for various transport markets, including road transport, public transport and biking. Special attention is paid to parking...

This paper proposes an analytical framework for scheduling decisions of road travelers that takes into account probability weighting using rank dependent utility theory. The fundamental difference with the standard scheduling model based on expected utility is that the probabilities of arrivals...