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Since the 1980s, many countries have set quantified road safety targets as part of their comprehensive road safety strategies. This paper studies the association between the setting of quantified road safety targets and road fatality reduction over the past two decades. Both aggregate and...
Persistent link: https://www.econbiz.de/10013124439
Under the current taxi licensing system in Hong Kong, holders of taxi licenses are given perpetual operating right in the taxi business. Since 1995, the government has not issued any new taxi licenses. Against this background, the freely traded taxi licenses are often held as an investment...
Persistent link: https://www.econbiz.de/10013124735
Since the mid-1990s, the effectiveness of road safety measures in Hong Kong has been weakening. Six administrations in Australia, California, Great Britain (GB), Japan, New Zealand and Sweden are selected to help review the road safety activities in Hong Kong. Nine main components of the road...
Persistent link: https://www.econbiz.de/10013067992
<title>Abstract</title> This paper proposes a nine‐component analytical framework for developing, comparing, and evaluating road safety strategies. The nine components are: (1) vision; (2) objectives; (3) targets; (4) action plan; (5) evaluation and monitoring; (6) research and development; (7) quantitative...
Persistent link: https://www.econbiz.de/10010973185
Persistent link: https://www.econbiz.de/10005329102
This work estimates the distribution of a time-varying toll over a 24-hour period that minimizes the combined queue length of the three tunnels that traverse Hong Kong's Victoria Harbour, taking into account institutional constraints. Our results reveal that switching from a flat toll to a...
Persistent link: https://www.econbiz.de/10009395549
Persistent link: https://www.econbiz.de/10009986647
Persistent link: https://www.econbiz.de/10009821256
This paper proposes a nine-component analytical framework for developing, comparing, and evaluating road safety strategies. The nine components are: (1) vision; (2) objectives; (3) targets; (4) action plan; (5) evaluation and monitoring; (6) research and development; (7) quantitative modelling;...
Persistent link: https://www.econbiz.de/10014181537
This paper presents an application of the continuum traffic equilibrium model for the cordon-based congestion pricing problem. The traffic equilibrium model treats densely spaced roads as a continuum over which commuters are continuously dispersed. Suppose in the morning peak-hour, all commuters...
Persistent link: https://www.econbiz.de/10014181538