Author: Shashank Tiwari
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
The state transportation agencies (STAs) in the United States are mandated by federal rule to carry out work-zone impact assessment for highway rehabilitation projects. The work zone impact assessment requires calculating road user costs (RUCs) which is the sum of vehicle operating costs, accident costs, and value of time (VOT). The term 'value of time' refers to monetary equivalent of travel time wasted due to rehabilitation projects. In current practice, STAs assume VOT as homogeneous within their respective states. This leads to inaccurate RUCs calculations and poses many misapplications. Research has found that VOT is influenced by socio-demographic variables which vary within the states. But there is a lack of framework to evaluate the extent to which these factors affect value of time. The major objective of this research is to develop and validate a model that predicts value of time heterogeneously. The data were collected to cover 20 major cities in California. The state of California was chosen for this study because most highway rehabilitation projects are carried out there. The data sources included the United States Census Bureau, the California Department of Transportation (Caltrans), and the Bureau of Labor Statistics. With these data, a predictive model was developed using multiple linear regression analysis. Lastly, the model was validated using PRESS statistic. The results reveal that age, annual average daily traffic, and effective hourly income were the most significant factors influencing value of time. This study developed a model which will help Caltrans in calculating value of time heterogeneously and therefore, improve the accuracy of RUCs calculations. Moreover, this research will serve as a guideline for other STAs to develop models for respective states. Therefore, this model has a potential to greatly improve the accuracy of value of time and therefore, RUCs. The future research should focus on the identified factors, especially cost-of-living index and annual average daily traffic. Further research is required to account for heterogeneity due to other factors such as vehicle occupancy, frequency of travel, and educational qualifications. The electronic version of this dissertation is accessible from http://hdl.handle.net/1969.1/151336
Quantifying Road User Costs with Heterogeneous Value of Motorists' Travel Time
Author: Shashank Tiwari
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
The state transportation agencies (STAs) in the United States are mandated by federal rule to carry out work-zone impact assessment for highway rehabilitation projects. The work zone impact assessment requires calculating road user costs (RUCs) which is the sum of vehicle operating costs, accident costs, and value of time (VOT). The term 'value of time' refers to monetary equivalent of travel time wasted due to rehabilitation projects. In current practice, STAs assume VOT as homogeneous within their respective states. This leads to inaccurate RUCs calculations and poses many misapplications. Research has found that VOT is influenced by socio-demographic variables which vary within the states. But there is a lack of framework to evaluate the extent to which these factors affect value of time. The major objective of this research is to develop and validate a model that predicts value of time heterogeneously. The data were collected to cover 20 major cities in California. The state of California was chosen for this study because most highway rehabilitation projects are carried out there. The data sources included the United States Census Bureau, the California Department of Transportation (Caltrans), and the Bureau of Labor Statistics. With these data, a predictive model was developed using multiple linear regression analysis. Lastly, the model was validated using PRESS statistic. The results reveal that age, annual average daily traffic, and effective hourly income were the most significant factors influencing value of time. This study developed a model which will help Caltrans in calculating value of time heterogeneously and therefore, improve the accuracy of RUCs calculations. Moreover, this research will serve as a guideline for other STAs to develop models for respective states. Therefore, this model has a potential to greatly improve the accuracy of value of time and therefore, RUCs. The future research should focus on the identified factors, especially cost-of-living index and annual average daily traffic. Further research is required to account for heterogeneity due to other factors such as vehicle occupancy, frequency of travel, and educational qualifications. The electronic version of this dissertation is accessible from http://hdl.handle.net/1969.1/151336
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
The state transportation agencies (STAs) in the United States are mandated by federal rule to carry out work-zone impact assessment for highway rehabilitation projects. The work zone impact assessment requires calculating road user costs (RUCs) which is the sum of vehicle operating costs, accident costs, and value of time (VOT). The term 'value of time' refers to monetary equivalent of travel time wasted due to rehabilitation projects. In current practice, STAs assume VOT as homogeneous within their respective states. This leads to inaccurate RUCs calculations and poses many misapplications. Research has found that VOT is influenced by socio-demographic variables which vary within the states. But there is a lack of framework to evaluate the extent to which these factors affect value of time. The major objective of this research is to develop and validate a model that predicts value of time heterogeneously. The data were collected to cover 20 major cities in California. The state of California was chosen for this study because most highway rehabilitation projects are carried out there. The data sources included the United States Census Bureau, the California Department of Transportation (Caltrans), and the Bureau of Labor Statistics. With these data, a predictive model was developed using multiple linear regression analysis. Lastly, the model was validated using PRESS statistic. The results reveal that age, annual average daily traffic, and effective hourly income were the most significant factors influencing value of time. This study developed a model which will help Caltrans in calculating value of time heterogeneously and therefore, improve the accuracy of RUCs calculations. Moreover, this research will serve as a guideline for other STAs to develop models for respective states. Therefore, this model has a potential to greatly improve the accuracy of value of time and therefore, RUCs. The future research should focus on the identified factors, especially cost-of-living index and annual average daily traffic. Further research is required to account for heterogeneity due to other factors such as vehicle occupancy, frequency of travel, and educational qualifications. The electronic version of this dissertation is accessible from http://hdl.handle.net/1969.1/151336
Estimating Toll Road Demand and Revenue
Author: David S. Kriger
Publisher: Transportation Research Board
ISBN: 0309097762
Category : Transportation
Languages : en
Pages : 113
Book Description
Publisher: Transportation Research Board
ISBN: 0309097762
Category : Transportation
Languages : en
Pages : 113
Book Description
Journal of Urban Economics
Author: Edwin S. Mills
Publisher:
ISBN:
Category : Urban economics
Languages : en
Pages : 436
Book Description
Publisher:
ISBN:
Category : Urban economics
Languages : en
Pages : 436
Book Description
Economic Fundamentals of Road Pricing
Author: Timothy Doe-Kwong Hau
Publisher: World Bank Publications
ISBN:
Category : Carreteras
Languages : en
Pages : 105
Book Description
Publisher: World Bank Publications
ISBN:
Category : Carreteras
Languages : en
Pages : 105
Book Description
Computational Logistics
Author: Jesica de Armas
Publisher: Springer Nature
ISBN: 3031165799
Category : Social Science
Languages : en
Pages : 479
Book Description
This book constitutes the refereed proceedings of the 13th International Conference on Computational Logistics, ICCL 2022, held in Barcelona, Spain, in September 2022. The 31 papers presented in this volume were carefully reviewed and selected from 64 submissions. They were organized in topical sections as follows: Maritime and Port Logistics; Vehicle Routing and Urban Logistics; Warehousing and Location; Supply Chain and Production Management.
Publisher: Springer Nature
ISBN: 3031165799
Category : Social Science
Languages : en
Pages : 479
Book Description
This book constitutes the refereed proceedings of the 13th International Conference on Computational Logistics, ICCL 2022, held in Barcelona, Spain, in September 2022. The 31 papers presented in this volume were carefully reviewed and selected from 64 submissions. They were organized in topical sections as follows: Maritime and Port Logistics; Vehicle Routing and Urban Logistics; Warehousing and Location; Supply Chain and Production Management.
The Economics of Urban Transportation
Author: Kenneth A. Small
Publisher: Taylor & Francis
ISBN: 135165344X
Category : Business & Economics
Languages : en
Pages : 433
Book Description
This new edition of the seminal textbook The Economics of Urban Transportation incorporates the latest research affecting the design, implementation, pricing, and control of transport systems in towns and cities. The book offers an economic framework for understanding the societal impacts and policy implications of many factors including congestion, traffic safety, climate change, air quality, COVID-19, and newly important developments such as ride-hailing services, electric vehicles, and autonomous vehicles. Rigorous in approach and making use of real-world data and econometric techniques, the third edition features a new chapter on the special challenges of managing the energy that powers transportation systems. It provides fully updated coverage of well-known topics and a rigorous treatment of new ones. All of the basic topics needed to apply economics to urban transportation are included: Forecasting demand for transportation services under various conditions Measuring costs, including those incurred by users and incorporating two new tools to describe congestion in dense urban areas Setting prices under practical constraints Evaluating infrastructure investments Understanding how private and public sectors interact to provide services Written by three of the field’s leading researchers, The Economics of Urban Transportation is essential reading for students, researchers, and practicing professionals in transportation economics, planning, engineering, or related disciplines. With a focus on workable models that can be adapted to future needs, it provides tools for a rapidly changing world.
Publisher: Taylor & Francis
ISBN: 135165344X
Category : Business & Economics
Languages : en
Pages : 433
Book Description
This new edition of the seminal textbook The Economics of Urban Transportation incorporates the latest research affecting the design, implementation, pricing, and control of transport systems in towns and cities. The book offers an economic framework for understanding the societal impacts and policy implications of many factors including congestion, traffic safety, climate change, air quality, COVID-19, and newly important developments such as ride-hailing services, electric vehicles, and autonomous vehicles. Rigorous in approach and making use of real-world data and econometric techniques, the third edition features a new chapter on the special challenges of managing the energy that powers transportation systems. It provides fully updated coverage of well-known topics and a rigorous treatment of new ones. All of the basic topics needed to apply economics to urban transportation are included: Forecasting demand for transportation services under various conditions Measuring costs, including those incurred by users and incorporating two new tools to describe congestion in dense urban areas Setting prices under practical constraints Evaluating infrastructure investments Understanding how private and public sectors interact to provide services Written by three of the field’s leading researchers, The Economics of Urban Transportation is essential reading for students, researchers, and practicing professionals in transportation economics, planning, engineering, or related disciplines. With a focus on workable models that can be adapted to future needs, it provides tools for a rapidly changing world.
Transportation Network Modeling
Author:
Publisher:
ISBN:
Category : Network analysis (Planning)
Languages : en
Pages : 212
Book Description
Publisher:
ISBN:
Category : Network analysis (Planning)
Languages : en
Pages : 212
Book Description
Quarterly Digest of Urban and Regional Research
Author:
Publisher:
ISBN:
Category : American periodicals
Languages : en
Pages : 494
Book Description
Publisher:
ISBN:
Category : American periodicals
Languages : en
Pages : 494
Book Description
Urban Transportation Networks
Author: Yosef Sheffi
Publisher: Prentice Hall
ISBN:
Category : Political Science
Languages : en
Pages : 426
Book Description
Publisher: Prentice Hall
ISBN:
Category : Political Science
Languages : en
Pages : 426
Book Description