This paper investigates the optimal retirement of an individual in the presence of involuntary unemployment risks and borrowing constraints in a complete market with frictions. We use an intensity model and loading factors to illustrate the involuntary unemployment risks and frictions in...

<title>Abstract</title> This article documents the authors' experience with the modeling, simulation, and analysis of a university transportation system, using the TRansportation ANalysis and SIMulation System (TRANSIMS). The processes of data preparation and network coding are described, followed by the...

This paper proposes two types of parking choice models, a static game theoretic model and a dynamic neo-additive capacity model, to capture the competition among drivers for limited desirable parking spaces. The static game assumes that drives make decisions simultaneously and with perfect...

This paper develops a novel agent-based transportation model of a university campus, primarily focusing on vehicle-related travel and the associated parking search process. In developing and validating the model, the study uses a wide range of data sources including: (1) a brief “trip-diary”...