The standard economic model for analyzing tarffic congestion, due to A.A. Walters, incorporates a relationship between speed and traffic flow. Empirical measurements indicate a region, known as hypercongestion, in which speed increase with flow. We argue that this relationship is unsuitable as a...

We present a simulation model designed to determine the impact on congestion of policies for dealing with non-recurrent congestion (i.e. travel time uncertainty).

In this paper, we analyze the dynamic behaviour of employment and hours worked per worker in a stochastic general equilibrium model with a matching mechanism between vacancies and unemployed workers. The model is estimated for the United States using the Generalized Methods of Moments (GMM)...

Water availability is a key biophysical factor determining agricultural production potential. The FAO crop water response model AquaCrop was developed to estimate crop production under water limiting conditions. This model uses the normalized water productivity, WP* (gm−2d−1), to estimate...

We report a new approach to measuring the dielectric behavior of thin films by means of differential interdigitated electrode (IDE) cells coupled with a dual-channel impedance measurement setup. The differential IDE cell consists of two identical IDE’s on a common substrate. With one IDE...

Spin-dependent electron transport in a periodically stubbed quantum wire in the presence of Rashba spin-orbit interaction (SOI) is studied via the nonequilibrium Green’s function (GF) method combined with the Landauer-Büttiker formalism. By comparing with a straight Rashba quantum wire, the...

In this article, an extensive study of the no-arbitrage fee for Guaranteed Minimum Withdrawal Benefit (GMWB) variable annuity riders is carried out. The value of the GMWB guarantee increases substantially when taking into account the separation of mutual fund fees and the fees earmarked for...

Based on Monte Carlo simulation, the spin configurations, thermal magnetization and hysteresis loops of the clusters coated by the surface shell with radial anisotropy are studied. Interestingly, a new multidomain containing a few of subdomains whose easy directions are along those of the...