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...

This study estimates the operating costs for commercial vehicle operators in Minnesota. A survey of firms that undertake commercial truck road movements was performed. The average operating cost per kilometer for commercial vehicle operators was calculated from the survey responses. Results show...

The duality between cost and production function can be a key point to explore regulation process in Agent-Principal model because the Principal observes outputs in inputs and has asymmetric information about the cost by the Agent. This paper investigates the properties of production functions...

Spring Load Restrictions (SLR) impose load restrictions on heavy trucks during the spring thaw period. Although the policies have been implemented for many years, we are still unsure of their economic effects on truckers. This paper overviews practices around the world and sets up a framework to...

The spring load restriction policy of Minnesota has been in effect for over 50 years with little consideration given to the cost that it imposes on the freight industry. A cost-benefit study was recently commissioned to examine the policy. The cost-benefit analysis required a precise estimate of...

Examining China’s manufacturing and transportation, we analyze how rapid expressway-network expansion fostered market access and industrial development. A domestic-trade model generates the market-access formula, estimatable equations, and economics for empirical findings. An estimation of...

Examining China’s manufacturing and transportation, we analyze how rapid expressway-network expansion fostered market access and industrial development. A domestic-trade model generates the market-access formula, estimatable equations, and economics for empirical findings. An estimation of...

A number of factors influence the efficiency, productivity, and welfare of a transportation network. Travel demand, user costs, and facility supply costs equilibrate on various time scales under a set of pricing (taxes and tolls), investment and ownership policies. Two types of equilibria exist...

This paper seeks to understand the economic impact of centralized and decentralized ownership structures and their corresponding pricing and investment strategies on transportation network performance and social welfare for travelers. In a decentralized network economic system, roads are owned...

In der verkehrspolitischen Diskussion werden bedarfsgesteuerte Angebotsformen des öffentlichen Personennahverkehrs (ÖPNV) vielfach als geeignete Ergänzung des sich in nachfrageschwachen Räumen ausdünnenden traditionellen ÖPNV betrachtet, um auf den Qualitätsnachteil gegenüber dem...