Although freight transport contributes significantly to the productivity of the U.S. economy, it also involves sizable costs to society. Those costs include wear and tear on roads and bridges; delays caused by traffic congestion; injuries, fatalities, and property damage from accidents; and...

This paper deals with first-best and second-best congestion pricing of a stylised two-link network with probabilistic route choice of travellers. Travellers may have heterogeneous values of travel times and may differ in their idiosyncratic route preferences. We derive first-best and second-best...

Objective Emerging economies like India are investing heavily in rapid development of urban transport infrastructure for public transport. Though the initial efforts started with three modes - metro rail, Bus Rapid Transit (BRT) and surface rail; currently investments are being made mainly in...

Using consistent agent-based techniques, this research models the decision-making processes of users and infrastructure owner/operators to explore the welfare consequence of price competition, capacity choice, and product differentiation on congested transportation networks. Component models...

To make Asia more economically sustainable and resilient against external shocks, regional economies need to be rebalanced toward regional demand- and trade-driven growth through increased regional connectivity. The effectiveness of connectivity depends on the quality of hard and soft...

In der verkehrspolitischen Diskussion werden bedarfsgesteuerte Angebotsformen des öffentlichen Personennahverkehrs (ÖPNV) vielfach als geeignete Ergänzung des sich in nachfrageschwachen Räumen ausdünnenden traditionellen ÖPNV betrachtet, um auf den Qualitätsnachteil gegenüber dem...

Spending from the Highway Trust Fund exceeds its revenues. What options do lawmakers have to address the fund's imbalance? How does the unique classification of surface transportation programs in the federal budget limit the effectiveness of standard spending controls?

Consider a shopper or tourist driving downtown and trying to park. Two strategies are usually available: either park at a private off-street facility or search for a cheaper on-street spot. We formalise such a setting and use the model to study optimal government regulation of the on-street...