A demonstrative application of the bid-rent network equilibrium model
Justin S. Chang
Transportation Planning and Technology, 2007, vol. 32, issue 1, 27-57
Abstract:
The bid-rent network equilibrium model represents the relationship between transport and the location of activities. A systematic application of the model to a real network is examined in this paper. The objective of this case study is to demonstrate the ability of the model to address the two-way relationship. A base run and two policy runs are simulated. The base run shows a numerical test conducted using survey data. The policy runs involve the introduction of a congestion charge and the release of land for housing development. Class-specific spatial behavior is obtained. This behavior is explained using network performance indices of transport impedance and locational attractiveness. Some conclusions and suggestions are also presented.
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:taf:transp:v:32:y:2007:i:1:p:27-57
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DOI: 10.1080/03081060902750603
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