Showing 1 - 5 of 5
We study the impact of information on risk adverse drivers who maximize their von Neumann and Morgerstern expected utility (rather than minimizing expected travel time). The preferences of the users are described by their utility functions. Beside the (potentially inconsistent) mean variance...
Persistent link: https://www.econbiz.de/10011324631
There is a new growing interest in the development and in the use of integrated land use and transport planning models in France. In this paper, we describe the steps of a current project which aims to integrate UrbanSim, a flexible land use model, and METROPOLIS, a dynamic traffic model, and to...
Persistent link: https://www.econbiz.de/10011324647
In the context of the SustainCity project (www.sustaincity.eu), three European cities (Brussels, Paris and Zurich) will be modelled using the land use microsimulation platform UrbanSim. This platform relies on various models interacting with each other, to predict long-term urban development....
Persistent link: https://www.econbiz.de/10011336338
We develop an epidemic model to explain and predict the dynamics of the SARS-CoV-2 virus and to assess the economic costs of lockdown scenarios. The standard epidemic three-variable model, SIR (Susceptible, Infected and Removed) is extended into a five-variable model SCARE: Susceptible, Carrier,...
Persistent link: https://www.econbiz.de/10012314860
We consider a committee facing a binary decision under uncertainty. Each member holds some private information. Members may have different preferences and initial beliefs, but they all agree which decision should be taken in each of the two states of the world. We characterize the optimal...
Persistent link: https://www.econbiz.de/10010281176