Related papers: Cost Overruns and Demand Shortfalls in Urban Rail …
The effectiveness of rapid rail transit system is analyzed using tools of complex network for the first time. We evaluated the effectiveness of the system in Beijing quantitatively from different perspectives, including descriptive…
The design of integrated mobility-on-demand services requires jointly considering the interactions between traveler choice behavior and operators' operation policies to design a financially sustainable pricing scheme. However, most existing…
The intelligent upgrading of metropolitan rail transit systems has made it feasible to implement demand-side management policies that integrate multiple operational strategies in practical operations. However, the tight interdependence…
Public transport is vital for meeting people's mobility needs. Providers need to plan their services well to offer high quality and low cost. Optimized planning can benefit providers, customers, and municipalities. The planning process for…
Despite several scientific achievements in the last years, there are still a lot of IT projects that fail. Researchers found that one out of five IT-projects run out of time, budget or value. Major reasons for this failure are unexpected…
This paper introduces a new computational framework to account for uncertainties in day-ahead electricity market clearing process in the presence of demand response providers. A central challenge when dealing with many demand response…
Bike usage in Smart Cities becomes paramount for sustainable urban development. Cycling provides tremendous opportunities for a more healthy lifestyle, lower energy consumption and carbon emissions as well as reduction of traffic jams.…
In deregulated railway markets, efficient management of infrastructure charges is essential for sustaining railway systems. This study sets out a method for infrastructure managers to price access to railway infrastructure, focusing on…
To what extent is the volume of urban bicycle traffic affected by the provision of bicycle infrastructure? In this study, we exploit a large dataset of observed bicycle trajectories in combination with a fine-grained representation of the…
Most cost-benefit analyses assume that the estimates of costs and benefits are more or less accurate and unbiased. But what if, in reality, estimates are highly inaccurate and biased? Then the assumption that cost-benefit analysis is a…
Technological advances in the telecommunications industry have brought significant advantages in the management and performance of communication networks. The railway industry is among the ones that have benefited the most. These…
Recently the European Union Agency for Railways (ERA) has received a mandate for 'the development of common safety methods for assessing the safety level and the safety performance of railway operators at national and Union level'.…
The assessment of in-service safety performance is an important task, not only in railways. For example it is important to identify deviations early, in particular possible deterioration of safety performance, so that corrective actions can…
This study investigates how railway professionals perceive safety as a concept within rail, with the intention to help inform future technological developments within the industry. Through a series of interviews with drivers, route…
Critical infrastructures form a technological skeleton of our world by providing us with water, food, electricity, gas, transportation, communication, banking, and finance. Moreover, as urban population increases, the role of…
In the realm of urban transportation, metro systems serve as crucial and sustainable means of public transit. However, their substantial energy consumption poses a challenge to the goal of sustainability. Disturbances such as delays and…
Transportation is the backbone of the economy and urban development. Improving the efficiency, sustainability, resilience, and intelligence of transportation systems is critical and also challenging. The constantly changing traffic…
In this paper we present a mathematical model of the train dynamics in a linear metro line system with demand-dependent run and dwell times. On every segment of the line, we consider two main constraints. The first constraint is on the…
Evaluating the financial performance of manufacturing firms requires consideration of both the time value of money and the relative importance of multiple decision criteria. Conventional approaches relying solely on deterministic…
Measuring model risk is required by regulators on financial and insurance markets. We separate model risk into parameter estimation risk and model specification risk, and we propose expected shortfall type model risk measures applied to…