A cost-transit time choice model: monomodality vs. intermodality

Alga Foschi ()

Discussion Papers from Dipartimento di Economia e Management (DEM), University of Pisa, Pisa, Italy

Abstract: A cost - transit time choice model: monomodality vs. intermodality. The Mediterranean and Italy are scenarios suited to consolidation of hub and spokes networks. The question is: are terrestrial spokes serious competitors of maritime spokes? This paper highlights the limits of the Italian rail system and favourably considers the development of short.sea-shipping. In this context, the final user's point of view may be crucial. We therefore propose a 'cost-transit time choice model' for choice of the best intermodality for the final user, considering the differences in unit costs, transit time, final user's opportunity costs and the value of commodities transported in the container. The model is tested on several legs from the Gioa Tauro hub port to various Italian destinations. If suitably complicated, the model can be utilized for regulatory purposes.

Keywords: unit transport costs; transit time; choice model; feeder; intermodal; immobilisation cost; Mediterranean; Italy (search for similar items in EconPapers)
JEL-codes: L10 (search for similar items in EconPapers)
Date: 2004-01-01
Note: ISSN 2039-1854
References: Add references at CitEc
Citations: View citations in EconPapers (11)

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Persistent link: https://EconPapers.repec.org/RePEc:pie:dsedps:2004/47

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