Chapter 5 Comparing alternative pricing and revenue use strategies with the MOLINO model
Cost-benefit analysis plays a central role in planning and investment decisions related to transportation. Yet, this process is often rather obscure and difficult to control and check by an outsider. We propose here a new engineering-economic-based tool, MOLINO, to perform cost benefit analysis of transport projects and regulations in a network and multi-period context. MOLINO performs cost-benefit analysis for different transport modes and types of freight and/or passenger traffic, peak and off-peak time periods, diverse market structures (private or public monopoly or duopoly, regulated or unregulated) and various financing schemes. Congestion levels are computed endogenously. MOLINO computes costs and benefits over multiple periods and the length of the time horizon is flexible. Outputs include equilibrium values of user and social benefits, financial flows and measures of effectiveness such as congestion delays.
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Volume (Year): 19 (2007)
Issue (Month): 1 (January)
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References listed on IDEAS
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- Proost, S. & Van der Loo, S. & de Palma, Andre & Lindsey, Robin, 2005.
"A cost-benefit analysis of tunnel investment and tolling alternatives in Antwerp,"
European Transport \ Trasporti Europei,
ISTIEE, Institute for the Study of Transport within the European Economic Integration, issue 31, pages 83-100.
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- Proost Stef & Van der Loo Saskia & Andre de Palma & Lindsey Robin, 2005. "A cost-benefit analysis of tunnel investment and tolling alternatives in Antwerp," Energy, Transport and Environment Working Papers Series ete0507, KU Leuven, Department of Economics - Research Group Energy, Transport and Environment.
- André De Palma & Robin Lindsey & Stef Proost & Saskia Van der Loo, 2005. "A cost-benefit analysis of tunnel investment and tolling alternatives in Antwerp," ERSA conference papers ersa05p732, European Regional Science Association.
- Keller, Wouter J., 1976. "A nested CES-type utility function and its demand and price-index functions," European Economic Review, Elsevier, vol. 7(2), pages 175-186, February.
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