Economics and Finance

In the search for new sources of funding, federal, state, and local government officials in the U.S. have recently been exploring public private partnerships (PPPs). While promising, PPPs are neither a panacea nor an unwarranted gamble: both shining successes and troubling failures abound. Given the large variation in the efficiency, effectiveness, equity, and feasibility of public-private highway finance partnerships in past projects, federal and state officials have been enacting legislation and statutes to both promote PPPs and to protect public interests from the potential pitfalls of...

This report evaluates the costs and benefits of home-based telecommuting. Combining empirical data from the literature with a Monte Carlo simulation technique, a distribution of cost-benefit ratios is produced from three perspectives: the employer, the telecommuter, and the public sector.... Depending on the underlying assumptions, the results indicate that telecommuter benefit-cost ratios are generally above one if the employer bears the majority of the equipment cost burden. ...Even when parking and office space benefits are included, productivity lies at the heart of the telecommuting...

This report describes a cost-effective data collection system for Caltrans 170 traffic signal controller. The data collection system is based on TCP/IP communication over existing low-cost mobile communication networks and Motorola® iDEN1 mobile handsets. An adaptive wireless flow control protocol is developed to ensure reliable continuously communication over unstable wireless link. The system is fully integrated with Caltrans 170 signal controllers and its CTNet server program. Lab testing shows that with the adaptive flow control protocol, each handset can deliver data fetched from...

This report presents an evaluation of the first transit-based smart parking project in the U.S. at the San Francisco Bay Area Rapid Transit (BART) District station in Oakland, California. The report begins with a review of the smart parking literature; next the smart parking field test is described including its capital, operational, and maintenance costs; then the results of the participant survey analysis are presented; and finally lessons learned from the institutional, user, and operational perspective are documented. Some key changes in participant travel behavior include increases in...