Transport Models

Course Code :2103TEWTEL
Study domain:Logistics Management
Academic year:2019-2020
Semester:1st semester
Contact hours:30
Credits:3
Study load (hours):84
Contract restrictions: No contract restriction
Language of instruction:Dutch
Exam period:exam in the 1st semester
Lecturer(s)Hilde Meersman
Eddy Van de Voorde

3. Course contents *

The course contains three parts: lectures, practices sessions on specific papers, and a number of guest lectures.

1.     Introduction: modelling principles, course overview, link to data (e.g. stated preference, panel data,…), no Operations Research course!

2.     Aggregate Demand Models: Generation, Distribution, Mode split, traffic conversion, assignment.

3.     Choice models: Binary choice models (linear chance model, probit, logit), Random Utility, Application: chance of flagging out, Multinomial logit, Mixed logit and Nested logit.

4.     Production and Cost Estimation: Production and cost functions in transport; Flexible functional forms: translog functions, Economies of size and density in networks;Economies of scope; Efficieny and productivity, Technical and economic efficiency, Total factor productivity: indexes, Data Envelopment Analysis (DEA), Application: air transport, rail transport

5.     Pricing Models: Basic models; Ramsey Pricing; Two-part tariff pricing; Yield management.

6.     Forecasting: different forecasting models

Experts show in guest lectures how they use models for their policy or research in transport.