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A Bi-Objective Approach to Evaluate Highway Routing and Regulatory Strategies for Hazardous Materials Transportation
Get PDFHazardous materials (hazmat) transportation is of concern to policymakers because of the serious safety, health, and environmental risks associated with the release of hazmat. One effective approach to minimize risks associated with hazmat transport is the prohibition of hazmat transportation on higher risk links that either pose safety hazards or increased exposure by traversing densely populated areas. Because of high risk, there are multiple stakeholders involved in hazmat transportation. While shippers and carriers are directly involved in making routing decisions, regulatory agencies influence this decision by imposing routing restrictions. In this paper, we apply a bi-objective shortest path problem to evaluate routing and regulation plans for hazmat transportation. We characterize the cost objective as the shortest path between an origin and a destination. The risk objective is to minimize the risk of exposure by restricting the link with the highest risk on the best available path from an origin to a destination. We formulate the bi-objective model and apply it to a test network. Solutions consider multiple origin-destination pairs and present a non-dominated frontier to establish routing and regulatory strategies for hazmat transportation
Dynamics of Transport Infrastructure, Exports and Economic Growth in the United States
Get PDFThis paper focuses on the dynamic relationships among transport infrastructure, exports and economic growth in the United States using a multivariate time-series analysis. Results suggest that the formation of highways and streets affects economic growth indirectly through enhancing the capital stock of non-transport infrastructure and crowding in private capital. The reverse causality from economic output to highway and street infrastructure is observed. Aggregate capital stock of non-transport infrastructure, excluding national defense, has sustainable positive effects on economic output and exports over a number of years. Empirical evidence also shows that highway and street infrastructure and non-transport infrastructure Granger cause exports
Abstraction and Materiality in the Arts, Literature, and Music
Get PDFIntroduction vol. 5: Abstraction and Materiality in the Arts, Literature, and Music
The Magnitudes of Economic and Non-Economic Factors on the Demand for U.S. Domestic Air Travel
Get PDFThe primary purpose of this study is to analyze air carriers’ behavior in capturing market share by examining the economic factors affecting passenger behavior toward air travel. This study also examines non-economic factors such as seasonality, unexpected events (9/11 attack), mergers, and trends. Because the airlines included in this study compete with each other, seemingly unrelated regression estimation (SURE) is used to estimate the parameters of the demand models which have correlated error terms. The economic and statistical relationship of the factors with air passenger miles provides valuable information to understand the nature of the demand for the U.S. air passenger industry. In examining demand determinants, this study concludes that air fare, income, seasonality, and mergers play significant roles in determining the demand for air passengers
