ITLS Working Papers 2011: Recent submissions
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Random regret minimization or random utility maximization: An exploratory analysis in the context of automobile fuel choice
Published 2011-12-01Interest in alternative behavioural paradigms to random utility maximisation (RUM) has existed ever since the dominance of the RUM formulation. One alternative is known as random regret minimisation (RRM), which suggests ...Open AccessWorking Paper -
Environmental and social taxes: Reforming road pricing in Australia
Published 2011-09-01Pricing of road use, both in Australia and elsewhere, has long been recognised as an area where current arrangements are economically inefficient but also politically very difficult to change. The 2011 Australian Tax Forum ...Open AccessWorking Paper -
The impact of environmental attitudes on responses to emissions charging and vehicle choice
Published 2011-06-01While there has been extensive literature on the concept of congestion there have been very few studies that explore road pricing as a function of vehicle emissions. A growing global focus on environmental concerns, in ...Open AccessWorking Paper -
The importance of completeness and clarity in air transport contracts in remote regions in Europe and Australia
Published 2011-08-01As a result of the recent financial crisis and in times of government austerity, clear contracts are of immense importance to transport authorities in order to achieve value for money when procuring air transport services. ...Open AccessWorking Paper -
Embedding risk attitudes in a scheduling model: Application to the study of commuting departure time
Published 2011-01-01Traditionally, the value of travel time savings (VTTS) and the value of reliability (or reduced variability) are estimated within a linear utility functional form, which assumes risk-neutral attitudes for decision makers. ...Open AccessWorking Paper