This information sheet indicates how the course will be organized at pandemic code level yellow and green.
If the colour codes change during the academic year to orange or red, modifications are possible, for example to the teaching and evaluation methods.

Transport models

Course Code :2103TEWTEL
Study domain:Logistics Management
Academic year:2020-2021
Semester:1st semester
Contact hours:30
Study load (hours):84
Contract restrictions: No contract restriction
Language of instruction:Dutch
Exam period:exam in the 1st semester
Lecturer(s)Hilde Meersman
Sven Buyle

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.