To kill a real option – Incomplete contracts,real options and PPP

This paper is concerned with the implications of public–private partnership agreements for the execution of expansion options in road infrastructure. More specifically, it analyzes the expansion of an existing two-lane road in Sweden, and examines the real options created by an intermediate type of road with three lanes. Interpreting the results from real option analysis in the light of incomplete contract theory, this paper finds that external congestion costs might necessitate public ownership to ensure a social optimal outcome in public–private partnerships.     

The role of perceived environment,neighbourhood characteristics,and attitudes in walking behaviour: evidence from a rapidly developing city in China

Transportation - The associations between objective and subjective dimensions of the built environment and walking behaviour have been examined extensively in existing studies. However, the...     

New potential for multimodal connection: exploring the relationship between taxi and transit in New York City (NYC)

Transportation - Taxi trips have been somewhat neglected in transportation mobility and multimodal connection studies. The socio-demographic characteristics of taxi riders are often not fully...     

The identification and empirical characterization of vehicular (Lagrangian) fundamental diagrams in multilane traffic flow

Traditional macroscopic traffic flow modeling framework adopts the spatial–temporal coordinate system to analyze traffic flow dynamics. With such modeling and analysis paradigm, complications arise for traffic flow data collected from mobile sensors such as probe vehicles equipped with mobile phones, Bluetooth, and Global Positioning System devices. The vehicle‐based measurement technologies call for new modeling thoughts that address the unique features of moving measurements and explore their full potential. In this paper, we look into the concept of vehicular fundamental diagram (VFD) and discuss its engineering implications. VFD corresponds to a conventional fundamental diagram (FD) in the kinematic wave (KW) theory that adopts space–time coordinates. Similar to the regular FD in the KW theory, VFD encapsulates all traffic flow dynamics. In this paper, to demonstrate the full potential of VFD in interpreting multilane traffic flow dynamics, we generalize the classical Edie's formula and propose a direct approach of reconstructing VFD from traffic measurements in the vehicular coordinates. A smoothing algorithm is proposed to effectively reduce the nonphysical fluctuation of traffic states calculated from multilane vehicle trajectories. As an example, we apply the proposed methodology to explore the next‐generation simulation datasets and identify the existence and forms of shock waves in different coordinate systems. Our findings provide empirical justifications and further insight for the Lagrangian traffic flow theory and models when applied in practice. Copyright © 2015 John Wiley & Sons, Ltd.     

Biogeography-based combinatorial strategy for efficient autonomous underwater vehicle motion planning and task-time management

Autonomous Underwater Vehicles (AUVs) are capable of spending long periods of time for carrying out various underwater missions and marine tasks. In this paper, a novel conflict-free motion planning framework is introduced to enhance underwater vehicle’s mission performance by completing maximum number of highest priority tasks in a limited time through a large scale waypoint cluttered operating field, and ensuring safe deployment during the mission. The proposed combinatorial route-path planner model takes the advantages of the Biogeography-Based Optimization (BBO) algorithm toward satisfying objectives of both higher-lower level motion planners and guarantees maximization of the mission productivity for a single vehicle operation. The performance of the model is investigated under different scenarios including the particular cost constraints in time-varying operating fields. To show the reliability of the proposed model, performance of each motion planner assessed separately and then statistical analysis is undertaken to evaluate the total performance of the entire model. The simulation results indicate the stability of the contributed model and its feasible application for real experiments.     

Establishment of Community Managed Fisheries’ Closures in Kenya: Early Evolution of the Tengefu Movement

Community-based management (CBM) could be an essential tool to prevent the depletion of marine resources in the Western Indian Ocean region. In Kenya, political pressure to strengthen local governance, has led to adoption of CBM as a way of reducing over-exploitation and managing the competing uses and impacts on the marine environment. Several communities in Kenya have embraced CBM and have set aside or closed previously fished areas to enhance recovery of fisheries and biodiversity. These community fisheries closures (locally called tengefu), despite being degraded, may recover to finfish abundances and biodiversity levels similar to established MPAs or above thresholds for maintaining some ecological services. Communities see their direct involvement and control of these tengefu as more likely to result in benefits flowing directly to them. Community closures are also important for articulating and resolving community values and strengthening their management capacity. Here, we describe the evolution of the tengefu movement in Kenya and combine information from focus group discussions, interviews, underwater surveys and boundary marking to evaluate the current status, opportunities and challenges facing these tengefu. We show that in some cases community closures suffer from slow and incomplete national and local legislative processes, challenges to compliance, and weak management.     

Novel Electrically Stimulated Catalytic Converter Prototype for Replacement of Conventional Auto Exhaust Emission Converters

High voltage electrostatics and corona discharge are utilized for various applications in pollution and environmental control. The traditional applications have many flaws due to improper construction of electrode design and assembly that cause system failure, in particular when electrically stimulated devices are exposed to high humidity. A new innovative-patented design by Hamade, electrically stimulated catalytic converter(ESCC),eliminates such flaws and shows the wide practical applications of the new design. The new design utilized previous patented designs and work of the same inventor but retrofitted for catalytic auto exhaust emission control. The current and previous patents include: employing electrically stimulated filtration(ESF) to replace high efficiency particulate air(HEPA) filters, treatment of biological and infectious diseases, electret fabrication, and, most notably, the invention of a new electrically stimulated catalytic converter(ESCC). The electrically stimulated catalytic converter invention includes an exhaust conduit fed from the engine exhaust port with a housed corona charger apparatus. The opposite end is opened to the atmosphere outside of the vehicle or connected to a reduced-size catalytic converter. The corona charger is intrusively or non-intrusively associated with a main flow path defined by the exhaust conduit. The corona charger includes at least one electrode, which may be recessed away from, the main flow path. A plurality of corona chargers may be used in various combinations, optimally a two dimensional grid. The electrically stimulated catalytic converter is adapted to treat and eliminate auto exhaust pollution emission to air.     

Investigating the influence of assigning a higher priority to scheduling work and school activities in the activity-based models on the simulated travel/activity patterns

Transportation - Two dynamic, gap-based activity scheduling models are tested by applying a short-run microsimulation approach to replicate workers’ travel/activity patterns over a 1-week...     

Using multiple hybrid spatial design network analysis to predict longitudinal effect of a major city centre redevelopment on pedestrian flows

Transportation - Predicting how changes to the urban environment layout will affect the spatial distribution of pedestrian flows is important for environmental, social and economic sustainability....     

Visualisation of uncertainty in probabilistic traffic models for policy and operations

This study investigates different methods to visualise uncertainty in static representations of probabilistic traffic models predictions on road-networks. Although various graphical cues may be used to represent uncertainty it is not a priori clear which of them are most suited for this purpose, since their legibility, intelligibility and the degree to which they interfere with other graphical elements in a representation differ widely. Several graphical uncertainty representations were therefore developed and analysed in expert sessions. A selection of the initial set of uncertainty visualisations was further evaluated in a cognitive alternative task-switching experiment. The results show that graphical representations are able to convey uncertainty information relatively accurately, while some uncertainty visualisations outperform others. It depends on the model and scenario which representation is most suited for a given application. This paper presents an overview of possible graphic uncertainty representations and the considerations involved when applying them to uncertainty in traffic model visualisations.