Showing 1 - 10 of 2,517
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...
Persistent link: https://www.econbiz.de/10011381016
Unreliable travel times cause substantial costs to travelers. Nevertheless, they are not taken into account in many cost-benefit-analyses (CBA), or only in very rough ways. This paper aims at providing simple rules on how variability can be predicted, based on travel time data from Dutch...
Persistent link: https://www.econbiz.de/10011381019
In this paper we investigate the effects of new railway stations on house prices using an extensive repeated sales dataset over a period of 13 years. We employ semiparametric panel data techniques allowing for anticipation effects of station openings. We show that a kilometre reduction in...
Persistent link: https://www.econbiz.de/10011381910
This paper develops a practical approach to estimate the benefits of improved reliability of road networks. We present a general methodology to estimate the (changes in) scheduling costs due to (changes in) travel time variability for car travel. We focus on situations where only mean delays are...
Persistent link: https://www.econbiz.de/10010410362
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...
Persistent link: https://www.econbiz.de/10013136331
Developments of new land use concentrations or shifts in the spatial location of existing land uses along the rail require that the train service will be adjusted accordingly. A typical response to the new demand is to consider the implementation of an additional station on an existing train...
Persistent link: https://www.econbiz.de/10013139758
Unreliable travel times cause substantial costs to travelers. Nevertheless, they are not taken into account in many cost-benefit-analyses (CBA), or only in very rough ways. This paper aims at providing simple rules on how variability can be predicted, based on travel time data from Dutch...
Persistent link: https://www.econbiz.de/10013140061
While much of the developed world struggles with debt and chronically low growth, Canada, one of the best-performing members of the G-7, remains on firmer footing. However, this country still has to cope with slower growth, cutbacks and aging infrastructure. As this paper argues, reconciling...
Persistent link: https://www.econbiz.de/10013104811
Rideshare companies Uber and Lyft are facing predictable complaints as they continue to grow. Many of these complaints concern safety, with some in the taxi industry claiming that ridesharing is less safe than taking a traditional taxicab. Ridesharing safety worries relate to the well-being of...
Persistent link: https://www.econbiz.de/10012903775
Although spending on infrastructure does not, in itself, stimulate the economy, infrastructure investments can contribute to economic growth, since infrastructure is part of the economy's capital stock. Investments in infrastructure can also benefit the economy by alleviating the problems that...
Persistent link: https://www.econbiz.de/10012910435