Showing 1 - 10 of 4,272
This paper develops a positive theory of network connectivity, seeking to explain the micro-foundations of alternative network topologies as the result of self-interested actors. By building roads, landowners hope to increase their parcels’ accessibility and economic value. A simulation model...
Persistent link: https://www.econbiz.de/10014044244
Using consistent agent-based techniques, this research explores the welfare consequences of product differentiation on congested networks. The economic analysis focuses on the source, evolution, measurement, and impact of product differentiation with heterogeneous users on a mixed ownership...
Persistent link: https://www.econbiz.de/10014044262
The ‘backhaul problem’ is characterized by an imbalance in transport flows between locations. This problem is usually … freight price of transport from low demand regions to high demand regions, the so-called backhaul price, drops to zero. This … for transport by customers, may play an important role in the determination of backhaul prices. We demonstrate that …
Persistent link: https://www.econbiz.de/10011373837
This paper proposes an analytical framework for scheduling decisions of road travelers that takes into account probability weighting using rank dependent utility theory. The fundamental difference with the standard scheduling model based on expected utility is that the probabilities of arrivals...
Persistent link: https://www.econbiz.de/10011381016
We describe a model that integrates a multi-regional input-output model of the U.S. (50 states and the District of Columbia) with the national highway network. Interstate commodity shipments are placed on a congestible highway network. Simulations of major choke-point disruptions redirect...
Persistent link: https://www.econbiz.de/10010235826
Persistent link: https://www.econbiz.de/10013131046
This paper models the emergence of retail clusters on a supply chain network comprised of suppliers, retailers, and …
Persistent link: https://www.econbiz.de/10013131047
Most economic models assume that individuals act out their preferences based on their own self interest. However there …
Persistent link: https://www.econbiz.de/10013131290
can improve transportation planning in ways shortrun network models cannot achieve …
Persistent link: https://www.econbiz.de/10013131759
This study estimates Value of Time differences between people who arrived at their destination as planned and those that were delayed. The analysis is based on the I-394 MnPASS High Occupancy/Toll (HOT) lane project recently implemented in the Minneapolis/St. Paul region. Using a Stated...
Persistent link: https://www.econbiz.de/10013131761