ITLS Working Papers 2012: Recent submissions
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Linking discrete choice to continuous demand within the framework of a computable general equilibrium model for the analysis of wider economic impacts of transport investment projects
Published 2012-01-01Discrete choice (DC) models are commonly used as basic building blocks in ‘bottom-up’ models which seek to describe consumer and producer behaviour at a disaggregate level, in contrast to continuous demand (CD) models which ...Working Paper -
Property rights, right to efficiency?
Published 2012-07-01The assignment of property rights to incentivise risk-sharing in a principal-agent relationship is a recurrent theme of contract theory. This paper examines the incentive effects of property rights in a principal-agent ...Working Paper -
A modified product life cycle becomes a useful basis for a new product-service strategy model
Published 2012-06-01The recent financial problems of the 2008/10 GFC and the likelihood of similar events occurring in 2012/13 has ‘spooked’ business and consumer confidence and has resulted in fierce competition in both B2C and in the derived ...Working Paper -
Assessing the wider economy impacts of transport infrastructure investment with an illustrative application to the north-west rail link project in Sydney, Australia
Published 2012-03-01This paper identifies the employment agglomeration impact of transport investments through a measure of change in effective employment density, using new empirical estimates of the elasticity of productivity with respect ...Working Paper -
Snowball effect and traffic equilibrium in a market entry game: A laboratory experiment
Published 2012-08-01The Market Entry Game (Selten & Guth, 1982; Gary-Bobo, 1990) is a coordination game where average cost of entry increase linearly. Following the suggestion of Anderson et al. (2008) and empirical evidence in transport ...Working Paper