This paper derives empirically tractable formulas for the welfare effects of fare adjustments in passenger peak and off-peak rail and bus transit, and for optimal pricing of those services. The formulas account for congestion, pollution, accident externalities, scale economies, and agency...

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...

The desire to create a more competitive, market based transport system has led to the involvement of the private sector in infrastructure investments. A private financing of transport infrastructure is one of the felds where this trend can be recognised. However, there are also distinct aspects,...

This study aims to quantitatively investigate how the introduction of high-speed rail (HSR) influences traveler’s choice behavior. The study focuses on recalibrating the Florida-based HSR choice model to fit the intercity travel northward from Richmond, Virginia to Washington, D.C. The model...

Transportations are one of the success-keys for achieving the Single European Market because they contribute to rendering concrete two of the fundamental objectives of the latter: free movement of persons and of goods. The new technologies developed for vehicles and traffic management shall be...

Contract theory claims that renegotiation prevents attainment of the efficient solution that could be obtained under full commitment. Assessing the cost of renegotiation remains an open issue from an empirical viewpoint. We fit a structural principal-agent model with renegotiation on a set of...

Due to the importance of drayage operations, operators at marine container terminals are increasingly looking to reduce the time a truck spends at the terminal to complete a transaction. This study introduces an agent-based approach to model yard cranes for the analysis of truck turn time. The...

Eine quantitativ und qualitativ leistungsfähige Verkehrsinfrastruktur ist für die deutsche Volkswirtschaft mit ihrem hohen Grad an Arbeitsteilung, ihren vielfältigen Austauschbeziehungen und ihrer zentraleuropäischen Lage eine grundlegende Voraussetzung für wirtschaftlichen Erfolg und...

Twenty years of debate regarding the restructuring of the Chinese freight railway have failed to yield a consensus. Early policy statements favoring the creation of above-the-rail competition over a monopoly infrastructure – the “European” model of rail restructuring – have broadened...

The European Commission years ago adopted a policy of encouraging the substitution of motor carrier haulage of freight with rail and water carrier haulage, as part of its “green” agenda of reducing fuel consumption, emission of pollutants, carbon intensity, and road congestion. Regarding...