The new commercial and housing developments around the TransMilenio Bus-Rapid-Transit System (BRT) of Bogotá indicate that accessible to the system generates benefits for adjacent properties that must be reflected in the prices of land and buildings. This paper contributes to an understanding...

The aim of the paper is to critically describe the behaviour of the main Italian transport infrastructural agents (national roads and rails, highway, airports concessions) in the field of infrastructure financing. All the actors are trying to avoid the effects of regulation and, at the same...

This paper offers a stylized model in which an agency is in charge of investing in road capacity and maintain it but cannot use the capital market so that the only sources of funds are the toll revenues. We call this the strict self-financing constraint in opposition to the traditional self...

This paper examines the full costs, defined as the sum of private and social costs, of a high speed rail system proposed for a corridor connecting Los Angeles and San Francisco in California. The full costs include infrastructure, fleet capital and operating expenses, the time users spend on the...

This paper examines the influence of technology and employer attitude on the decision to work at home. Using data from a suburban Washington household travel survey, it is found that both technology and a favorable employer attitude are positively associated with the number of hours and days in...

In this paper we review the theoretical and empirical literature on the cost structure of the provision of intercity highway transportation and specify and estimate our own cost functions . We develop a full cost model which identifies the key cost components and then estimate costs component by...

This study explores the economic mechanisms behind the decline of a surface transportation network, based on the assumption that the decline phase is a spontaneous process driven by decentralized decisions of individual travelers and privatized links. A simulation model is developed with a...

This research examines road pricing on a network of autonomous highway links. By autonomous it is meant that the links are competitive and independent, with the objective of maximizing their own profits without regard for either social welfare or the profits of other links. The principal goal of...

This paper explores drivers' subjective value of time under moving and stopped freeway travel conditions using a stated preference survey. Unlike previous studies that assume a constant value of time, this research relates perceived satisfaction of a freeway trip to its quality indicators....

A transportation network is a complex system that exhibits the properties of self-organization and emergence. Previous research in dynamics related to transportation networks focuses on traffic assignment or traffic management. This research concentrates on the dynamics of the orientation of...