There is scope for applying experimental economics in transport and logistics analysis. Experimental economics is a set of techniques for gathering (and analysing) data by inducing people (through specific rewards) to act as economic agents and observing the choices they then make in...

The logsum is a measure of consumer surplus in the context of logit choice models. In spite of the very frequent use of logit models in transport, project assessment is only rarely done using logsums. Instead in project evaluation or appraisal, changes in transport costs and time (borrowing...

On the basis of the outcomes of five disaggregate national models for passenger transport, four national models for freight transport and two European transport models, a fast and approximate meta-model for passenger and freight transport in Europe has been developed. The meta-model for...

There is scope for applying experimental economics in transport and logistics analysis. Experimental economics is a set of techniques for gathering (and analysing) data by inducing people (through specific rewards) to act as economic agents and observing the choices they then make in...

The severity of road congestion not only depends on the relation between traffic volumes and network capacity, but also on the distribution of car traffic among different time periods during the day. A new error components logit model for the joint choice of time of day and mode is presented,...

There has been a growing interest in understanding how firms allocate their trucks across hauls, and how this allocation changes under various economic environments. This study investigates how variations in route/haul, carrier and vehicle characteristics affect the optimal vehicle size choice...