Valuation of externalities through neo-classical methods by including institutional variables

Externalities are uncompensated influences that are not expressed in a market but that affect the production possibilities or the welfare level of third parties. An example is the noise pollution in airport areas. Although air transport is an important source of economic growth and employment in many countries, the social and environmental problems connected with this sector are rising rapidly. Consequently, airports are becoming a matter of concern to many politicians. On what kind of values should they base their decisions as to further growth or consolidation of the current situation? In this paper we discuss two approaches, one based on mainstream, neo-classical, economics, and one based on institutional approaches, more in particular new institutional economics, which can be seen as a development complementary to the mainstream.     

Eddies around Madagascar — The retroflection re-considered

The Agulhas Current with its retroflection and attendant eddy-shedding is the cause of some of the greatest mesoscale variability in the ocean. This paper considers the area to the south and east of Madagascar, which provides some of the source waters of the Agulhas Current, and examines the propagating sea surface height signals in altimetry and output from a numerical model, OCCAM. Both show bands of variability along the axis of the East Madagascar Current (EMC) and along a zonal band near 25°S. Sequences of images plus associated temperature data suggest that a number of westward-propagating eddies are present in this zonal band. The paper then focuses on the region to the south of the island, where ocean colour and infra-red imagery are evocative of an East Madagascar Retroflection. The synthesis of data analysed in this paper, however, shows that remotely observed features in this area can be explained by anticyclonic eddies moving westward through the region, and this explanation is consistent with numerical model output and the trajectories of drifting buoys.     

GLUTAMATE－IMMUNOREACTIVE NEURONS IN MEDULLARY RAPHE－CEREBELLUM PATHWAY IN THE KITTEN

ＧＬＵＴＡＭＡＴＥ－ＩＭＭＵＮＯＲＥＡＣＴＩＶＥＮＥＵＲＯＮＳＩＮＭＥＤＵＬＬＡＲＹＲＡＰＨＥ－ＣＥＲＥＢＥＬＬＵＭＰＡＴＨＷＡＹＩＮＴＨＥＫＩＴＴＥＮ（江赛男），（刘荣桓）ＪｉａｎｇＳａｉｎａｎ；,ＳｉｍｏｎＪ．Ｆｕｎｇ；ＬｉｕＲｏｎｇｈｕａｎ；，...     

Joint development at transit stations in the United States

Joint development, as the term is generally used in connection with transit systems in the United States, is real estate development that is closely linked to public transportation services and station facilities, and takes advantage of the market and locational advantages provided by them. Research conducted by LEK Associates for the Urban Mass Transportation Administration (UMTA) suggests that, in addition to helping shape urban growth and land development, joint development is also a surprisingly effective means of increasing transit system ridership and farebox revenues, as well as a source of increasingly significant revenues from the sale or lease of air rights.The completion of nine joint development projects in as many different cities, started under the former Urban Initiatives Program, for example, net additional annual ridership might reach 12000000 one-way trips. Net additional annual farebox revenues might reach over $9000000. This added revenue would be sufficient to repay the $62 million combined UMTA/transit operator investment in the nine projects, exclusive of the costs of the basic transit system improvements around which the projects are planned, in less than six years.Among transit authority-administered joint development programs examined in a separate study, the Washington Metropolitan Area Transit Authority (WMATA) has had the most success in generating significant value capture income. For example, the cumulative revenue realized by WMATA from just six joint development projects in the Washington, DC region, through September 1983 exceeded $ 6.9 million. Projections through fiscal year 1986 indicate cumulative revenues approximating $ 28 million will be received from developer leases.     

The design of bus route systems — An interactive location-allocation approach

An interactive modelling approach is developed to solve the practical problem of bus route network design. Possible bus routes are identified with facilities which can be located. Zones or pairs of zones in the urban area are identified with customers who will be allocated to the established facilities. It is shown that the classical Set Covering Problem is useful under the assumption of fixed demand; the Simple Plant Location Problem is effective under the assumption of demand which is sensitive to the level of bus service provided.     

A simple formulation for predicting the ultimate strength of ships

The aim of this study is to derive a simple analytical formula for predicting the ultimate collapse strength of a single- and double-hull ship under a vertical bending moment, and also to characterize the accuracy and applicability for earlier approximate formulations. It is known that a ship hull will reach the overall collapse state if both collapse of the compression flange and yielding of the tension flange occur. Side shells in the vicinity of the compression and the tension flanges will often fail also, but the material around the final neutral axis will remain in the elastic state. Based on this observation, a credible distribution of longitudinal stresses around the hull section at the overall collapse state is assumed, and an explicit analytical equation for calculating the hull ultimate strength is obtained. A comparison between the derived formula and existing expressions is made for largescale box girder models, a one-third-scale frigate hull model, and full-scale ship hulls.List of symbols A _B total sectional area of outer bottom - A _B total sectional area of inner bottom - A _D total sectional area of deck - A _S half-sectional area of all sides (including longitudinal bulkheads and inner sides) - a _s sectional area of a longitudinal stiffener with effective plating - b breadth of plate between longitudinal stiffeners - D hull depth - D _B height of double bottom - E Young's modulus - g neutral axis position above the base line in the sagging condition or below the deck in the hogging condition - H depth of hull section in linear elastic state - I _s moment of inertia of a longitudinal stiffener with effective plating - l length of a longitudinal stiffener between transverse beams - M _E elastic bending moment - M _p fully plastic bending moment of hull section - M _u ultimate bending moment capacity of hull section - M _uh ,M _us ultimate bending moment in hogging or sagging conditions - r radius of gyration of a longitudinal stiffener with effective plating [=(I _s /a _s )^1/2] - t plate thickness - Z elastic section modulus at the compression flange - Z _B ,Z _D elastic section modulus at bottom or deck - slenderness ratio of plate between stiffeners [= (b/t)(_y/E)^1/2] - slenderness ratio of a longitudinal stiffener with effective plating [=(l/r)(_y/E)^1/2] - _y yield strength of the material - _yB , _yB , _yD yield strength of outer bottom, inner bottom - _yS deck, or side - _u ultimate buckling strength of the compression flange - _uB , _uB , _uD ultimate buckling strength of outer bottom - _uS inner bottom, deck, or side     

Performance indicators for transit management

Transit performance can be evaluated through quantitative indicators. As the provision of efficient and effective transit service are appropriate goals to be encouraged by federal and state governments, these goals are used to develop performance indicators.Three efficiency and four effectiveness indicators are described, together with two overall indicators. These nine indicators are analyzed for comparability utilizing operating and financial data collected from public transit agencies in California.Performance indicators selected for this study should not be viewed as final. Twenty-one performance indicators proposed by previous studies were reviewed. Theoretical considerations and unavailability or unreliability of data caused omission of several useful measures like passenger-miles. Circumstances such as improved data, emphasis upon goals other than efficiency and effectiveness, and local conditions might warrant the inclusion of indicators deleted from this research.This paper is based on work conducted for the Urban Mass Transportation Administration under University Research and Training Grant CA-11-0014, Development of Performance Indicators for Transit. The views expressed herein are those of the authors and not necessarily those of the University of California or the United States Government. We are indebted to John Feren for assistance with the statistical processing and data gathering.     

Making do: The effects of a mass transit strike on travel behavior

A brief transit strike in early December 1976 disrupted bus services to the city of Pittsburgh and surrounding Allegheny County. That strike provided an opportunity for testing a variety of approaches to increase ride-sharing and to reduce traffic congestion, and for examining the effect of the strike on traffic congestion and on individual travel behavior. Even though over 60% of the commuters to the CBD use transit, the effects of the strike were relatively mild. There was some increase in traffic flow into the CBD and some spreading of the peak period. The largest proportion of the transit commuters who made trips to the CBD during the strike were dropped off by a non-commuter, increasing highway traffic. The most severe impact was felt by those transit commuters who had no cars in the household; 25% of these commuters (only 3% of the total CBD commuters) stayed home from work on the first day of the strike. Most attempts to mitigate the impact of the strike had little effect, largely because most commuters were able to manage adequately during the short strike. The anticipated parking problem, on which much of the contingency planning was focused, did not emerge, largely because of the use of carpooling and drop-off mode by many of the transit users.     

Regulatory reform and freight mode choice

Reform of trucking Vehicle Weights and Dimensions (VWD) regulations in Canada is now underway. The effect these reforms will have on the freight transportation industry are only recently the subject of research. This paper is part of this new research effort, aimed at understanding how regulatory reform in the trucking sector will affect the existing competitive relationship between trucks and the railways. The paper presents the results of study and research into modelling the relationship between mode choice and the service characteristics that are affected by VWD reform.Using several periods of data, a series of econometric models are developed which help to elucidate the relative relationships between the mode service characteristics for both of the principal interprovincial freight modes. A technique is developed and presented to model railway user costs in order to overcome the complex and often unrepresentable pricing activities of Canadian railways.The strength of the developed econometric models is presented, including their significance and statistical reliability. This is further reinforced by the similarities exhibited by all the models in the series. The selected model is applied to predict market service responses required of the railway industry in order to compete with the trucking sector now adapting to the new regulations.The impact of the newly implemented vehicle weight and dimension reform on the rail transportation industry is analyzed and railway industry improvements aimed at maintaining its market share are presented. The results predicted by the model show that railway user cost reductions should be moderate, and likely less than the level of inflation over the period of time when trucking converts its fleet to take advantage of the new regulations.Abbreviations AASHTO American Association of State Highway and Transportation Officials - CCMTA Canadian Conference of Motor Transport Administrators - EPI End products, inedible commodity classification - GVW Gross Vehicle Weight - NA 1988 VWD National Agreement - RTAC Roads and Transportation Association of Canada - VWD Vehicle Weight(s) and Dimension(s) - WA 1988 VWD Western Agreement