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A multi-agent model of travelers competing to utilize a roadway in time and space is presented in this paper to illustrate the effect of congestion and pricing on traveler behaviors and network equilibrium. To realize the spillover effect among travelers, N-player games are constructed in which...
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This paper starts from the premise that the scope of the appraisal of transport projects should depend upon the … presence (or absence) of various forms of market failure. It reviews the purposes and processes of transport appraisal before … projects in appraisal terms and what special challenges are created by transformational projects. The report then considers the …
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