Economics and Finance

SimUAM: A Comprehensive Microsimulation Toolchain to Evaluate the Impact of Urban Air Mobility in Metropolitan Areas

Yedavalli, Pavan
Burak Onat, Emin
Peng, Xin
Sengupta, Raja
Waddell, Paul
Bulusu, Vishwanath
Xue, Min
2021

Over the past several years, Urban Air Mobility (UAM) has galvanized enthusiasm from investors and researchers, marrying expertise in aircraft design, transportation, logistics, artificial intelligence, battery chemistry, and broader policymaking. However, two significant questions remain unexplored: (1) What is the value of UAM in a region’s transportation network?, and (2) How can UAM be effectively deployed to realize and maximize this value to all stakeholders, including riders and local economies? To adequately understand the value proposition of UAM for metropolitan areas, we develop...

Evaluation of California State and Regional Transportation Plans and Their Prospects for Attaining State Goals

Deakin, Elizabeth
Chow, Chun Ho
Son, Daisy
Handy, Susan
Barbour, Elisa
Lee, Amy
Rodriguez, Emil
Gahbauer, John
Coutin, Talia
Matute, Juan
Rios Gutierrez, Alejandra
Rios Gutierrez, Nataly
Segal, Katie
Elkind, Ethan
Lamm, Ted
2021

Assembly Bill (AB) 285 (Friedman, 2019) requires the California Strategic Growth Council (SGC) to submit a report to the Legislature by January 31, 2022, that includes the following:An overview of the California Transportation Plan (CTP). An overview of all regional Sustainable Communities Strategies (SCS) and any alternative planning strategies, as needed. An assessment of how the implementation of the CTP and regional plans “will influence the configuration of the statewide integrated multimodal transportation system.”  A “review of the potential impacts and opportunities for...

Aviation System Performance Measures

Gosling, Geoffrey D.
1999

Within the transportation community, there is a growing recognition of the need to consider decisions addressing future investments in the transportation system from a multimodal perspective. This viewpoint has been given added weight by the passage of the Intermodal Surface Transportation Efficiency Act (ISTEA) in 1991, which not only recognized the importance of viewing the transportation system from an intermodal perspective, but also stressed the need to address the efficiency with which the system meets the transportation needs of its users. This approach was reinforced with the...

Role of Trust and Compassion in Willingness to Share Mobility and Sheltering Resources in Evacuations: A Case Study of the 2017 and 2018 California Wildfires

Wong, Stephen D.
Walker, Joan L., PhD
Shaheen, Susan A, PhD
2020

Advances in the sharing economy – such as transportation network companies (e.g., Lyft, Uber) and home sharing (e.g., Airbnb) – have coincided with the increasing need for evacuation resources. While peer-to-peer sharing under normal circumstances often suffers from trust barriers, disaster literature indicates that trust and compassion often increase following disasters, improving recovery through additional resources and support. We hypothesize that trust and compassion could trigger willingness to share transportation and sheltering resources during an evacuation.

Examination of Key Transportation Funding Programs in California and Their Context

Gahbauer, John
Matute, Juan
Coutin, Talia S.
Rios Gutierrez, Alejandra
Rios Gutierrez, Nataly
2021

Examination of Key Transportation Funding Programs in California and Their Context assesses the congruence between funding programs and state goals for transportation. Particular attention is given to major funding sources, such the State Operation and Protection Program, and programs designed to promote key state goals, including the Affordable Housing and Sustainable Communities program, the Transit and Intercity Rail Capital Program, the Transformative Climate Communities program, and the Sustainable Transportation Planning Grant program.

Variable-Rate State Gasoline Taxes

Ang-Olson, Jeffrey
Wachs, Martin
Taylor, Brian D.
1999

Inflation and increased fuel economy have reduced the buying power of the revenues collected from state and federal motor fuel taxes. Because fuel taxes are almost always collected on a per-gallon basis, in most states they must be raised by specific acts of the legislature and it is becoming increasingly difficult to find the political support necessary to raise them. A number of states have experimented with fuel taxes that adjust automatically by being indexed to the price of gasoline, to the consumer price index, or to some indicator of highway construction and maintenance costs. This...

The Producer Surplus Associated with Gasolne Fuel Use in the United States

Sun, Yongling
Delucchi, Mark A.
Lawell, C.-Y. Cynthia L.
Ogden, Joan M.
2019

Estimating the producer surplus – the revenue above the average long-run cost – is an important part of social cost-benefit analyses of changes in petroleum use. This paper estimates the producer surplus associated with changes in gasoline fuel use in the United States, and then applies the estimates of producer surplus to two kinds of social cost-benefit analyses related to petroleum use: (1) estimating the wealth transfer from consumers to producers as a result of policies that affect oil use and oil imports to the US, and (2) comparing the actual average cost of gasoline with the...

Spatial Models of Morning Commute Consistent with Realistic Traffic Behavior

Lago, Alejandro
2003

Urban planners are increasingly concerned about the sprawling suburban development in metropolitan areas around the world, which they often blame for growing traffic congestion and excessive highway investment needs. This dissertation seeks to shed light on this issue by studying the relationship between morning commute congestion and urban form. The causes and consequences of traffic congestion have been extensively studied in the economics and engineering literatures. Unfortunately, most conclusions have been drawn from very idealized models, which either fail to consider adequately the...

Deep Discount Group Pass Programs as Instruments for Increasing Transit Revenue and Ridership

Nuworsoo, Cornelius Kofi
2004

Transit properties in the USA have historically experienced loss of market share and low levels of farebox recovery. They resorted to service expansion to maximize subsidies. Experience suggests that: (a) fare increases have not had the desired effect; (b) fare reductions can boost ridership but can also reduce revenue and increase subsidies. The challenge lies with the adoption of such strategies as deep discount group pass programs that can produce more marginal revenue than cost. Deep discount transit pass programs provide groups of people with unlimited-ride transit passes in exchange...

Welfare Analysis of Informal Transit Services in Brazil and the Effects of Regulation

Golub, Aaron David
2003

In Brazil, the recent explosion of informal transport activity is having profound effects on formal, regulated transport systems and is the source of great controversy in the urban passenger transportation arena. A variety of policies are being proposed to manage what has been an uncontrolled growth of the sector. This study seeks to understand the advantages these systems have for users who choose them, and how proposed policies will impact these benefits. A corridor in Rio de Janeiro with substantial informal activity was used as a case study and field trips were made to gather basic...