Advanced Search
MyIDEAS: Login to save this article or follow this journal

Benefit estimation of transport projects--a representative consumer approach

Contents:

Author Info

  • Kidokoro, Yukihiro

Abstract

In this paper, by focusing on the forms of the utility function of a representative consumer, we explain the three typical models of benefit estimation for transport projects: the basic model, the Wardrop model, and the logit model. The basic model is a representative consumer model with a quasi-linear utility function that is additively separable between numeraire and transport services. The paper clarifies the relationship between these models and derives their implications for benefit estimation. We find that the Wardrop and logit models are special cases of the basic model and that the logit model degenerates to the Wardrop model in a limiting case. Although this relationship implies that one can apply the benefit estimation method for the basic model whatever method is used to estimate transport demand, the Wardrop and logit models have useful features for conducting benefit estimation for new routes.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.sciencedirect.com/science/article/B6V99-4H3Y9CX-1/2/3a8ddfbd2f760a995e78dfe05a91c296
Download Restriction: Full text for ScienceDirect subscribers only

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Bibliographic Info

Article provided by Elsevier in its journal Transportation Research Part B: Methodological.

Volume (Year): 40 (2006)
Issue (Month): 7 (August)
Pages: 521-542

as in new window
Handle: RePEc:eee:transb:v:40:y:2006:i:7:p:521-542

Contact details of provider:
Web page: http://www.elsevier.com/wps/find/journaldescription.cws_home/548/description#description

Order Information:
Postal: http://www.elsevier.com/wps/find/supportfaq.cws_home/regional
Web: https://shop.elsevier.com/order?id=548&ref=548_01_ooc_1&version=01

Related research

Keywords:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Edward Calthrop & Bruno De Borger & Stef Proost, 2008. "Cost-benefit analysis of transport investments in distorted economies," Center for Economic Studies - Discussion papers ces0818, Katholieke Universiteit Leuven, Centrum voor Economische Studiƫn.
  2. Maarten van 't Riet, 2011. "The link approach to measuring consumer surplus in transport networks," CPB Discussion Paper 199, CPB Netherlands Bureau for Economic Policy Analysis.
  3. Paul Besseling & Maarten van 't Riet, 2009. "Welfare analysis in transport networks," CPB Discussion Paper 130, CPB Netherlands Bureau for Economic Policy Analysis.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:eee:transb:v:40:y:2006:i:7:p:521-542. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.