Is the selection of European Transport Investments efficient?. Stef Proost, paper with Dunkerley, Van der Loo, Adler, Brocker, Korhnevych. Issues.
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paper with Dunkerley,
Van der Loo, Adler, Brocker, Korhnevych
1. Network definition
2. Economic agents, their behaviour and the rules of the game
4. Software, Uncertainty and Statistical modules
A4Network representation MOLINO: example
Step 1: OD pairs
Step 2: add links of potentially competing routes or modes
Step 3: Define paths, combining links that bring you from O to D
Path is defined Px(link1,link2, ..)
Black= rail Rx
Green= air Ax
Blue= road Rx
Economic Agents: users (2) MOLINO
For each type of user and OD we define preferences:
e.g. (leisure) Passenger for MO-LI (nested CES)
At lowest level one needs quantities and generalized prices for each path.
+ elasticities of subst between paths (remember a path also represents modes)