Showing 41 - 50 of 324
Most economic models assume that individuals act out their preferences based on self-interest alone. However, there have also been other paradigms in economics that aim to capture aspects of behavior that include fairness, reciprocity, and altruism. In this study we empirically examine...
Persistent link: https://www.econbiz.de/10010989501
This research aims to identify the role of network architecture in influencing individual travel behavior using travel survey data from Minneapolis-Saint Paul and Florida (Fort Lauderdale and Miami). Various measures of network structure, compiled from existing sources, are used to quantify...
Persistent link: https://www.econbiz.de/10011003100
In this paper we develop a positive theory of network connectivity, seeking to provide the microfoundations 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...
Persistent link: https://www.econbiz.de/10011003177
This paper develops congestion theory and congestion pricing theory from its micro-foundations, the interaction of two or more vehicles. Using game theory, with a two-player game it is shown that the emergence of congestion depends on the players' relative valuations of early arrival, late...
Persistent link: https://www.econbiz.de/10005235997
Ramp meters in the Twin Cities have been the subject of a recent test of their effectiveness, involving turning them off for eight weeks. This paper analyzes the results with and without ramp metering for several representative freeways during the afternoon peak period. Seven performance...
Persistent link: https://www.econbiz.de/10005323058
Persistent link: https://www.econbiz.de/10005015363
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...
Persistent link: https://www.econbiz.de/10005025581
The politically-charged notion of network neutrality came to the fore in 2005 and 2006, using analogy from transportation as one of the key tools in motivating arguments. This paper examines how the various notions around network neutrality (common carriage, regulation, price discrimination)...
Persistent link: https://www.econbiz.de/10005025582
A major strategy of federal ITS initiatives and state departments of transportation is to provide traveler information to motorists through various means, including variable message signs, the internet, telephone services like 511, in-vehicle guidance systems, and TV and radio reports. This is...
Persistent link: https://www.econbiz.de/10005025583
This study explores the topological evolution of surface transportation networks, using empirical evidence and a simulation model validated on that data. Evolution is an iterative process of interaction, investment, and disinvestment. The temporal change of topological attributes for the network...
Persistent link: https://www.econbiz.de/10005025584