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The current literature often values intangibles goods as cultural heritage by applying stated preference methods. In recent years, however, the increasing availability of large (spatial) databases on real estate transactions and listed prices has opened up new research possibilities and has...
Persistent link: https://www.econbiz.de/10009536227
In this paper, we investigate congestion caused by differences in desired or possible speeds. Especially outside peak hours, speed differences are probably one of the most important reasons for congestion. Although the model setting, with one lane and no overtaking, may seem simple at first...
Persistent link: https://www.econbiz.de/10010361655
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This paper presents a method to assess the distribution of values of time, and values of statistical life, over participants to a stated choice experiment, that does not require the researcher to make an a priori assumption on the type of distribution, as is required for example for mixed logit...
Persistent link: https://www.econbiz.de/10012724270
Motivated by recent studies in financial mathematics and other areas, we investigate the exponential functional of a Lévy process X(t),t[greater-or-equal, slanted]0. In particular, we investigate its tail asymptotics. We show that, depending on the right tail of X(1), the tail behavior of Z is...
Persistent link: https://www.econbiz.de/10008875370
For a two-class two-node bandwidth sharing network called parking lot network we investigate the tail behavior of the queue length and sojourn time under light-tailed assumptions. These results extend previous results in the literature obtained for a single-node network. Explicit conditions are...
Persistent link: https://www.econbiz.de/10010759340
We consider asymptotic expansions for defective and excessive renewal equations that are close to being proper. These expansions are applied to the analysis of processor sharing queues and perturbed risk models, and yield approximations that can be useful in applications where moments are...
Persistent link: https://www.econbiz.de/10010759491
For a two-class two-node bandwidth sharing network called parking lot network we investigate the tail behavior of the queue length and sojourn time under light-tailed assumptions. These results extend previous results in the literature obtained for a single-node network. Explicit conditions are...
Persistent link: https://www.econbiz.de/10010999746