2013
DOI: 10.1080/15568318.2012.696772
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Optimal and Long-Term Dynamic Transport Policy Design: Seeking Maximum Social Welfare through a Pricing Scheme

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Cited by 27 publications
(17 citation statements)
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“…The results from this iterative process are used for assessing the policy instruments. The MARS model for the case of Madrid was developed and calibrated first time by Guzmán [51], who applied it to maximise the welfare of pricing policies [12]. Later, Wang [52] made some The MARS model for the case of Madrid was developed and calibrated first time by Guzmán [51], who applied it to maximise the welfare of pricing policies [12].…”
Section: Main Features Of Mars Model For Madridmentioning
confidence: 99%
See 1 more Smart Citation
“…The results from this iterative process are used for assessing the policy instruments. The MARS model for the case of Madrid was developed and calibrated first time by Guzmán [51], who applied it to maximise the welfare of pricing policies [12]. Later, Wang [52] made some The MARS model for the case of Madrid was developed and calibrated first time by Guzmán [51], who applied it to maximise the welfare of pricing policies [12].…”
Section: Main Features Of Mars Model For Madridmentioning
confidence: 99%
“…The MARS model for the case of Madrid was developed and calibrated first time by Guzmán [51], who applied it to maximise the welfare of pricing policies [12]. Later, Wang [52] made some The MARS model for the case of Madrid was developed and calibrated first time by Guzmán [51], who applied it to maximise the welfare of pricing policies [12]. Later, Wang [52] made some developments in the model, which improved the sensitivity of the model to capture the changes in the accessibility-to-jobs levels produced by transport policies (i.e., [13,53]).…”
Section: Main Features Of Mars Model For Madridmentioning
confidence: 99%
“…Weights assigned to the CIs to obtain global sustainability scores (CI sust ) were procured from a study carried out by Guzman et al (2014). These authors analysed the opinions of public decision makers, company representatives and researchers involved in transport and urban planning in order to obtain appropriate weights for each sustainability dimension.…”
Section: (4)mentioning
confidence: 99%
“…Note that the social welfare change should be calculated based on the net effects on users (considering both those users who decide not to travel and the new users who decide to travel after pricing). The loss in social welfare is lower when users decide to travel by switching to public transportation or when they reschedule their trip (than when they decide not to travel), but these changes in travel choices to avoid tolls also convey a reduction in social welfare for those users and consequently for society [4,69]. The social welfare decrease is very important since without such calculations, the analysis might lead to very high toll rates with minimal travel accommodations.…”
Section: Travel Disutilitymentioning
confidence: 99%