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333 Result(s)
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Article
The effectiveness of differential pricing on route choice
The use of differential pricing as a means of traffic management has been advocated by specialists in the field of transport for quite some time. Because of technical and political reasons, a full-scale pricin...
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Article
SMART: simulation model for activities, resources and travel
This paper proposes the development of an activity-based model of travel that integrates household activities, land use patterns, traffic flows, and regional demographics. The model is intended as a replacemen...
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New models for financing and managing highways: asset-based road corporations in China
The China International Engineering Consulting Corporation undertook, in 1997, the study of Viability of Asset Based Road Corporations in China as part of the World Bank's transport sector program review. The ...
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A test of inter-modal performance measures for transit investment decisions
Choices among alternative transit capital investments are often complex and politically controversial. There is renewed interest in the use of performance indicators to assist in making rational and defensible...
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The Mathematical Theory of an Enhanced Nonequilibrium Traffic Flow Model
This paper establishes the mathematical theory of an enhanced nonequilibrium traffic flow model. The innovation of the model is that it addresses the anisotropic feature of traffic flows. We show rigorously th...
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Article
When Should Providers of Recreational Land be Immune from Liability?
This article examines statutes that limit the liability of landowners who open their property for recreational use. We ask whether landowner immunity promotes efficient provision by owners and efficient entry ...
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A Decomposition Scheme for System Optimal Dynamic Traffic Assignment Models
In this paper, a Dantzig-Wolfe decomposition based solution algorithm is developed for the linear programming formulation introduced by Ziliaskopoulos (2000) for System Optimal Dynamic Traffic Assignment probl...
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Article
Creditworthiness or Management Signal? An Empirical Investigation of Loan Commitments Obtained by Non-taxable Firms
Market reaction to the announcement of obtaining loan commitments (LCs) is examined for a unique sample of tax-exempt real estate investment trusts (REITs). Debt-interest tax incentives may be ruled out on a t...
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The effects of federal transit subsidy policy on investment decisions: The case of San Francisco's Geary Corridor
In the United States, federal funding for public transit often accounts for a large proportion of a local agency's budget, especially for capital investments. For this reason, local governments can be expected...
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Develo** Metro Systems in the People’s Republic of China: Policy and Gaps
Rapid urbanization has taken place in China since the Open Policy in 1978. In face of the growing demand for mobility in large cities, new metro systems were developed in large cities like Guangzhou and Shangh...
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Article
REIT Splits and Dividend Changes: Tests of Signaling and Information Substitutability
Recent work on stock splits have attempted to relate the information value associated with splits with that from dividends signaling. This paper extends this genre of research by evaluating the issue of divide...
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Article
Net Asset Value Discounts for Asian-Pacific Real Estate Companies: Long-Run Relationships and Short-Term Dynamics
This study investigates the time series behavior of real estate company net asset value discount/premium (NAVDISC) in eight Asian-Pacific securitized real estate markets from 1995 to 2003. We postulate that if...
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Article
Latent lifestyle preferences and household location decisions
Lifestyle, indicating preferences towards a particular way of living, is a key driver of the decision of where to live. We employ latent class choice models to represent this behavior, where the latent classes...
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Article
Reliability Evaluation for Stochastic and Time-dependent Networks with Multiple Parking Facilities
This paper presents a fixed-point model for evaluating the reliability of stochastic and time-dependent networks with multiple parking facilities. The proposed model combines a supply model that simulates the ...
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Article
Quantification of land use/land cover changes in Pearl River Delta and its impact on regional climate in summer using numerical modeling
This study quantified land use/land cover (LULC) changes in Pearl River Delta (PRD) of South China and its impact on regional climate over the last two decades. The LULC change analyses were accomplished by ap...
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Article
The Optimal Transit Fare Structure under Different Market Regimes with Uncertainty in the Network
This paper proposes a network-based model for investigating the optimal transit fare structure under monopoly and oligopoly market regimes with uncertainty in the network. The proposed model treats the interac...
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Article
A Geographically Weighted Regression Method to Spatially Disaggregate Regional Employment Forecasts for South East Queensland
In this paper we present a new methodology by which regional employment forecasts can be spatially disaggregated to smaller administrative units. We develop a statistical model for disaggregating spatial data ...
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Article
Costs and Benefits of Relational Contracting in China’s Transition
This paper is an attempt to account for the social foundations of China’s economic transition from central planning to a market economy which is a process of the completion and perfection of markets. In the ea...
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Article
An Analysis of the Financing Decisions of REITs: The Role of Market Timing and Target Leverage
This paper examines the role of capital market conditions and target leverage on the marginal financing decisions of Real Estate Investment Trusts (REITs), which include both capital raising and capital reduct...
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Regional Protection and Development as an Exchange Model: To Create a Balance between Eco-Protection and Poverty-Elimination in Eco-protected Areas
Eco-protection and poverty elimination has always been the unsolved problem in many countries and regions; especially for those less-developed ecological protected areas who have to pay extra attention to coor...