[9.6.2004]

CE8214:  TRANSPORTATION ECONOMICS

Description

Applies microeconomic theory to transportation. Topics include: demand and demand estimation, cost and cost estimation, pricing and investment, and regulation and deregulation. Applications cover both urban and intercity passenger transportation as well as freight transportation.

Outline

Class

Topic

Reading for Lecture

Reading for Discussion

Individual Preparing Discussion

Assignment Due

Sep 7

Introduction

 

 

 

 

Sep 14

Game Theory

Levinson, David (2003) Micro-Foundations Of Congestion And Pricing: A Game Theory Perspective presented at The Theory and Practice of Congestion Charging, an International Symposium, London England 2003

http://nexus.umn.edu/Papers/Microfoundations.html

Levinson, David (2000) Revenue Choice on a Serial Network  Journal of Transport Economics and Policy 34,1: 69-98 http://nexus.umn.edu/Papers/Serial.html

 

David Levinson

Reviews of Papers Assigned Sept. 7

Sep 21

Demand

Chapter 2 ETEP

McFadden, Daniel (1974) The Measurement of Urban Travel Demand, Journal Of Public Economics, Vol. 3, No. 4, 303-328, 1974.

http://emlab.berkeley.edu/reprints/mcfadden/measurement.pdf

Wuping Xin

 

Sep 28

Demand

Disaggregate Behavioral Travel Demand's RUM Side: A 30-Year Retrospective (PDF), March 2000 at the International Association for Travel Behavior (IATB) Conference, Gold Coast, Queensland, Australia, July 2-7, 2000.

http://emlab.berkeley.edu/wp/mcfadden0300.pdf

Hensher David (2001) The Valuation of Non-Commuting Travel Time Savings for Urban Car Drivers http://nexus.umn.edu/Courses/ce8214/papers/hensher_d.pdf

Feng Xie

 

Oct 5

Costs

Chapter 3 ETEP

Karlaftis, Matthew G. and Patrick McCarthy, (2002). Cost structures of public transit systems: a panel data analysis Transportation Research Part E: Logistics and Transportation Review 38:1 January 2002  Pages 1-18  http://nexus.umn.edu/Courses/ce8214/papers/KarlaftisMcCarthy.pdf

Nebiyou Tilahun

 

Oct 12

Negative Externalities

Delucchi Mark A. (1997) The  Annualized  Social  Cost  of  Motor-Vehicle  Use in  the  U.S.,  1990-1991:    Summary  of  Theory,  Data, Methods,  and  Results  http://www.uctc.net/papers/311.pdf

Forkenbrock, David J.  (2001) Comparison of external costs of rail and truck freight transportation  Transportation Research Part A 35 (2001) 321-337 http://nexus.umn.edu/Courses/ce8214/papers/Forkenbrock2001.pdf

AND

Forkenbrock,David J.  (1999) External costs of intercity truck freight transportation Transportation Research Part A 33 (1999) 505-526 http://nexus.umn.edu/Courses/ce8214/papers/Forkenbrock1999.pdf

Paul Morris

 

Oct 19

Positive Externalities

Chapter 9 ETEP

Economides, Nicholas (1996) The Economics of Networks - International Journal of Industrial Organization http://www.stern.nyu.edu/networks/top.html

Norah Montes

 

Oct 26

No Class      

 

Nov 2

Pricing

Chapters 4 and 6 ETEP,

Lindsey, C. Robin and Erik T. Verhoef. (2000)  Traffic Congestion and Congestion Pricing TI 2000-101/3 Tinbergen Institute Discussion Paper http://www.tinbergen.nl/discussionpapers/00101.pdf

Jose Fischer

 

Nov 9

Revenue and Financing

Buchanan, James and Gordon Tullock (1965?) Chapter 10 from The Calculus of Consent: Logical Foundations of Constitutional Democracy by http://www.econlib.org/library/Buchanan/buchCv3Contents.html

Yang, Hai and Qiang Meng (2000) Highway pricing and capacity choice in a road network under a build-operate-transfer scheme Transportation Research Part A 34 207-222 http://nexus.umn.edu/Courses/ce8214/papers/YangMeng.pdf

Su Sang Kim

(Paper 1 Due)

Nov 16

Regulation

Chapters 8, 14, 15, 16 ETEP

Pickrell Don (1999) Cars and clean air: a reappraisal Transportation Research Part A 33 (1999) 527-547 http://nexus.umn.edu/Courses/ce8214/papers/Pickrell.pdf

Michael Iacono

 

Nov 23

Privatization

Klein, Daniel B Planning and the Two Coordinations,  With Illustration in Urban Transit  Planning and Markets  http://www-pam.usc.edu/volume1/v1i1a1print.html

Hooper, Paul,  Robert Cain, Sandy White. (2000) The privatisation of Australia's airports Transportation Research Part E: Logistics And Transportation Review Vol. 36 (3) pp. 181-204  http://nexus.umn.edu/Courses/ce8214/papers/HooperCainWhite.pdf

Jacob Kugel

 

Nov 30

Investment and Productivity

Noland, Robert B. (2001) Relationships between highway capacity and induced vehicle travel Transportation Research Part A 35 (2001) 47-72 http://nexus.umn.edu/Courses/ce8214/papers/Noland.pdf

Hansen, Mark M., David Gillen and Reza Djafarian-Tehrani. (2001). Aviation infrastructure performance and airline cost: a statistical cost estimation approach Transportation Research Part E: Logistics and Transportation Review 37:1 March 2001 Pages 1-23  http://nexus.umn.edu/Courses/ce8214/papers/HansenGillenDjafarian.pdf

 

Nathan Aul

 

Dec 7

Project Evaluation

Chapter 5 in ETEP,

Hiawatha LRT Benefit Cost Study (distributed in class)

Mackie, P. J., S. Jara-D’az and A. S. Fowkes  (2001) The value of travel time savings in evaluation Transportation Research Part E: Logistics and Transportation Review 37:2   April-July 2001  Pages 91-106 http://nexus.umn.edu/Courses/ce8214/papers/MackieJaraDiazFowkes.pdf

Michael Corbett

 

Dec 14

Term Paper Presentations

 

 

 

(Paper 2 Due)

 

 

 

 

 

 

Requirements

Weekly Summary and Critique of Readings (25%)

Presentation and Discussion of One "Reading for Discussion" (25%)

2 Term Papers (25% each)

Texts

Required

Gomez-Iba–ez, JosŽ, William Tye, Clifford Winston 1999. Essays in Transportation Economics and Policy. The Brookings Institution (ETEP) Available from http://www.netLibrary.com/ebook_info.asp?product_id=4905


Policies

Students are advised to see:

http://www1.umn.edu/regents/policies/academic/

regarding policies on academic conduct.

Fall, 2000

To: Students in the Institute of Technology

From: Peter Hudleston, Associate Dean

The purpose of this letter is to call your attention to the issue of scholastic dishonesty, so that you can avoid any problems during your studies at the University of Minnesota. The basic statement on this issue appears in the Undergraduate Catalog (p. 262) and in the back of the IT Student Guide: The Institute of Technology expects the highest standards of honesty and integrity in the academic performance of its students. Any act of scholastic dishonesty is regarded as a serious offense, which may result in expulsion. The Institute of Technology defines scholastic dishonesty as

submission of false records of academic achievement; cheating on assignments or examinations; plagiarizing; altering, forging, or misusing an academic record; taking, acquiring, or using test materials without faculty permission; acting alone or in cooperation with another to obtain dishonestly grades, honors, awards, or professional endorsement. Aiding and abetting an act of scholastic dishonesty is also considered a serious offense.

The questions below are often asked by students who seek interpretation of this policy.

  1. What is cheating? Cheating is the violation of rules under which an examination is given or homework is assigned. This includes submitting an examination, an essay, a report, or a computer program that is not your own.
  2. Does this mean that I can never study with another student? No. We encourage students to study together, and in the workplace you will often work as part of a team. The key issue is whether you are being evaluated as an individual on the basis of the work you hand in. Your instructor should make it clear when team work is expected and when you should work alone. If you are not sure, ask!
  3. What is plagiarism? An excellent definition of plagiarism is from the Modern Language Association: "In short, to plagiarize is to give the impression that you have written or thought something that you have in fact borrowed from another." W. S. Achtert and J. Gibaldi, The MLA Style Manual, New York, Modern Language Association of America, 1985, p. 4.
  4. When should I cite sources? There are two issues here. The first is to avoid plagiarism. The second is to make sure that the reader can follow your line of thought, verify the information that you have used, or explore the issue further. Some things are known so widely that they do not need citing: for example, the definition of momentum or solving a linear differential equation with constant coefficients. On the other hand, if you are writing for an audience who might not know how to solve a linear differential equation with constant coefficients, you might want to give a citation so that they could find out how. If you find the solution to a homework problem in a text or journal article, you should give a citation. If you are allowed to utilize previously written computer code, published or unpublished, within your own code, you should clearly identify such code and cite the source.

Web Sites on Plagiarism

http://www.georgetown.edu/honor/plagiarism.html - What is Plagiarism?

http://www.hamilton.edu/academics/resource/wc/AvoidingPlagiarism.html - Avoiding Plagiarism

http://condor.stcloud.msus.edu/~scogdill/339/paraphra.html - The Puzzling Paraphrase

http://owl.english.purdue.edu/Files/151.htm - Avoiding Plagiarism

http://www.indiana.edu/~wts/wts/plagiarism.html - Plagiarism

http://alexia.lis.uiuc.edu/~janicke/plagiary.htm - Cut-and-Paste Plagiarism

http://lrs.ed.uiuc.edu/students/c-merkel/cite.htm - Tips to Avoid Plagiarism and Cite Sources

http://west.cscwc.pima.edu/~bfiero/plagrsm.htm Ñ Plagiarism

http://www.purdue.edu/odos/admin/bacdishf.htm - Deterring, Detecting, and Dealing with Academic Dishonesty

http://www.purdue.edu/odos/admin/bacinteg.htm - Academic Integrity: A Guide for Students