Showing 1 - 10 of 28
As part of a study aimed at estimating suburban highway needs for year 2005, models were developed for forecasting daily vehicle miles of travel (DVMT) for urban areas and its distribution by highway functional class, urban location, and urban area size. A regression model combining both time...
Persistent link: https://www.econbiz.de/10009435975
Transportation-related decisions of people often depend on what everybody else is doing. For example, decisions about mode choice, route choice, activity scheduling, etc., can depend on congestion, caused by the aggregated behavior of others. From a conceptual viewpoint, this consistency problem...
Persistent link: https://www.econbiz.de/10009436224
It is certainly desirable that transportation forecasting models are correct in the sense that the traffic patterns they predict correspond to what would happen in reality under the circumstances assumed in the forecasting model. Unfortunately, it is notoriously difficult to transform the above...
Persistent link: https://www.econbiz.de/10009437082
Decision making in environmental management is faced with uncertainties associated with related environmental variables and processes. Decision makers are inclined to use resources to acquire better information in one or more uncertain variable(s). Typically, with limited resources available,...
Persistent link: https://www.econbiz.de/10009482348
The effectiveness of SO{sub 2} emission allowance trading under Title 4 of the 1990 Amendments to the Clean Air Act (CAA) is of great interest due to the innovative nature of this market incentive approach. However, it may be a mistake to frame the compliance problem for a utility as a decision...
Persistent link: https://www.econbiz.de/10009435386
This paper deals with the market for SO{sub 2} emission allowances over time and electric utility compliance choices. For currently high emitting plants ( 2.5 lb SO{sub 2}/MMBtu), the 1990 Clean Air Act Amendments (CAAA) provide for about twice as many SO{sub 2} allowances to be issued per year...
Persistent link: https://www.econbiz.de/10009435433
This report provides background information for the Bonneville Power Administration (Bonneville) in its efforts to quantify the environmental externalities associated with new electricity resources. A more detailed companion document has been provided to Bonneville for internal use. This report...
Persistent link: https://www.econbiz.de/10009435621
Concentrations of environmental pollutants tend to follow positively skewed frequency distributions. Two such density functions are the gamma and lognormal. Minimum variance unbiased estimators of the expected value for both densities are available. The small sample statistical properties of...
Persistent link: https://www.econbiz.de/10009435692
This paper focuses on how electric utility companies can respond in their decision making to uncertain variables. Here we take a mean- variance type of approach. The ``mean`` value is an expected cost, on a discounted value basis. We assume that management has risk preferences incorporating a...
Persistent link: https://www.econbiz.de/10009435822
The effectiveness of SO{sub 2} emission allowance trading under Title 4 of the 1990 Amendments to the Clean Air Act (CAA) is of great interest due to the innovative nature of this market incentive approach. However, it may be a mistake to frame the compliance problem for a utility as a decision...
Persistent link: https://www.econbiz.de/10009436242