Showing 1 - 10 of 853
The paper challenges the existing sustainable transport literature. Most sustainable transport plans focus on the reduction of greenhouse gas emissions in either one region or country and this neglects two handicaps of strong unilateral action. The first is that climate is a global commons...
Persistent link: https://www.econbiz.de/10011271354
One of the most common motivations for public transport investments is increased capacity. However, appraisal methodologies for projects meant to increase capacity are relatively less well developed compared to methodologies for projects aiming to reduce travel times. Each of the consequences of...
Persistent link: https://www.econbiz.de/10011118588
Congestion charges were introduced in Stockholm in 2006, first as a trial followed by a referendum, then permanently from 2007. This paper discusses what conclusions can be drawn from the first five years of operation, until mid-2011. We show that the traffic reduction caused by the charges has...
Persistent link: https://www.econbiz.de/10010764690
The standard method of estimating the value of travel time variability for use in policy appraisal is to estimate the parameters of a reduced-form utility function, where some measure of travel time variability (such as the standard deviation) is included. A problem with this approach is that...
Persistent link: https://www.econbiz.de/10010764692
We provide a synthesis of results and insights from the Swedish Value of Time study, with focus on what is relevant for transport appraisal and understanding travel behaviour. We summarize recent econometric advances, and show how these enable a better understanding and identification of the...
Persistent link: https://www.econbiz.de/10010764695
Cost-benefit analysis (CBA) is often used when many transport investments need to be ranked against each other, for example in national investment planning. However, results are often questioned on claims that the ranking depends crucially on uncertain assumptions about the future, and on...
Persistent link: https://www.econbiz.de/10010768942
This paper compares forecasted effects of the Stockholm congestion charges with actual outcomes. The most important concerns during the design of the congestion charging scheme were the traffic reduction in bottlenecks, the increase in public transport ridership, the decrease of vehicle...
Persistent link: https://www.econbiz.de/10010768947
Many cities have seen public support for congestion charges increase substantially after charges have been introduced. Several alternative explanations of this phenomenon have been suggested, but so far little evidence has been available to assess the relative importance of these explanations....
Persistent link: https://www.econbiz.de/10010890033
We explore what variables influence public attitudes towards congestion charges using a survey carried out in Stockholm, Helsinki and Lyon, three European cities with many similarities but with different experiences and discourses with respect to congestion charging. We find that self-interest...
Persistent link: https://www.econbiz.de/10010780762
The benefits captured in an appraisal of a railway investment are determined by what timetables the analyst assumes in the scenarios with and without the investment. Without an explicit, objective and verifiable principle for which timetables to assume, the appraisal outcome is virtually...
Persistent link: https://www.econbiz.de/10010945091