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Full-Text Articles in Economics
Macroeconomic Aspects Of Maintenance Optimization Of Critical Infrastructures, S. A. Timashev, A. V. Bushinskaya
Macroeconomic Aspects Of Maintenance Optimization Of Critical Infrastructures, S. A. Timashev, A. V. Bushinskaya
Engineering Management & Systems Engineering Faculty Publications
The main goal of maintenance is prevention, timely detection and elimination of failures and damage. From the point of view of critical infrastructures (CIs), the main purpose of their maintenance is to increase the safety of CIs and / or to ensure life safety. CIs should be optimal in terms of their purpose, cost, as a source of income and profit at all stages of their life cycle, and also acceptable in terms of possible loss of human lives or injuries. The paper considers the assessment of necessary optimal investments in the maintenance (time interval between subsequent maintenance), to increase …
Support For And Behavioral Responses To Tolls: Insights From Hampton Roads, Virginia, Juita-Elena Wie Yusuf, Khairul Azfi Anuar, Lenahan L. O'Connell, David Chapman, Donta Council, Tancy Vandecar-Burdin, Meagan M. Jordan
Support For And Behavioral Responses To Tolls: Insights From Hampton Roads, Virginia, Juita-Elena Wie Yusuf, Khairul Azfi Anuar, Lenahan L. O'Connell, David Chapman, Donta Council, Tancy Vandecar-Burdin, Meagan M. Jordan
School of Public Service Faculty Publications
This chapter analyzes the experiences with tolling in the Hampton Roads region of Southeastern Virginia to better understand residents' and drivers' support for tolls and behavioral responses to tolls. The Hampton Roads region, with its population of 1.7 million and extensive network of highways, roads, bridges, and tunnels, has a long history of toll facilities that date back to the 1920s. The most recent tunnel tolls, associated with the Elizabeth River Crossing Project and introduced in February 2014, are the focus of this chapter. This chapter analyzes two sets of survey data to provide insights that have implications for policies …
Exploring A Toll Auction Mechanism Enabled By Vehicle-To-Infrastructure Technology, Andrew J. Collins, Erika Frydenlund, R. Michael Robinson, Mecit Cetin
Exploring A Toll Auction Mechanism Enabled By Vehicle-To-Infrastructure Technology, Andrew J. Collins, Erika Frydenlund, R. Michael Robinson, Mecit Cetin
VMASC Publications
High-occupancy toll (HOT) lanes—an increasingly popular solution for congested roadway networks—give drivers the option to access express lanes. The cost of entry often varies with demand, although no standard method of optimizing these price points exists. Using the principles of a Vickrey auction that incentivizes true-value bids, this paper proposes a tolling system that uses vehicle-to-infrastructure technology to optimize toll operator revenue with HOT lane usage. In the scenario, a roadway network consists of a HOT lane and a general-purpose lane, each with identical physical properties. Drivers can access the HOT lane at the start of the facility or at …