MOLINO-II : Model for Assessing Pricing and Investment Strategies for Transport Infrastructure de Palma, Andre ; Proost, Stef ; Van der Loo, Saskia
Series: ; 2079Publication details: Transportation Research Record: Journal of the Transportation Research Board, 2008Description: s. 62-70ISBN:- 9780309125925
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| Statens väg- och transportforskningsinstitut | Available |
Cost-benefit analysis plays a central role in planning and investment decisions related to transportation. Yet it is often difficult for an outsider to control and check this process. A new engineering-economics-based tool, MOLINO-II, is proposed here to perform cost-benefit analysis of transport projects and regulations in a network and multiperiod context. MOLINO-II performs cost-benefit analysis for different transport modes and types of freight and passenger traffic, peak and off-peak time periods, diverse market structures, and various financing schemes. Congestion levels and tolls are computed endogenously. MOLINO-II also takes into account uncertainty in demand and cost parameters.