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Airline schedule padding as a competitive strategy 航空公司的时刻表填充作为一种竞争策略
IF 3.4 3区 工程技术 Q1 ECONOMICS Pub Date : 2025-12-26 DOI: 10.1016/j.retrec.2025.101700
Jules O. Yimga , Huubinh B. Le
This paper examines schedule padding as a strategic response to competitors' scheduling behavior in the U.S. domestic airline market. Using quarterly panel data at the airline–airport-pair level for 2023 and instrumental-variable estimation, we find strong evidence of strategic complementarity: 1-min increase in competitors’ padding induces nearly a 1-min increase by the focal carrier. This imitation persists across multiple benchmark definitions and market hauls, though the intensity is slightly weaker in highly competitive markets. The results suggest that the U.S. Department of Transportation on-time performance metrics may unintentionally promote a padding “arms race,” lengthening schedules, with implications for competition policy, scheduling efficiency, and consumer welfare.
本文考察了美国国内航空市场中,作为应对竞争对手调度行为的一种策略。利用2023年航空公司-机场对水平的季度面板数据和工具变量估计,我们发现了战略互补性的有力证据:竞争对手的填充增加1分钟,导致焦点承运人增加近1分钟。这种模仿在多个基准定义和市场中持续存在,尽管在高度竞争的市场中这种模仿的强度略弱一些。结果表明,美国交通部的准点率指标可能无意中促进了一场“军备竞赛”,延长了时间表,对竞争政策、调度效率和消费者福利都有影响。
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引用次数: 0
Stated car choices in Norway and Italy: a comparison based on the integrated choice and latent variable model 挪威和意大利的公共汽车选择:基于综合选择和潜在变量模型的比较
IF 3.4 3区 工程技术 Q1 ECONOMICS Pub Date : 2025-12-24 DOI: 10.1016/j.retrec.2025.101695
Mariangela Scorrano , Terje Andreas Mathisen , Romeo Danielis , Ozlem Simsekoglu , Giuseppe Marinelli
The study investigates whether the large difference in battery electric vehicle (BEV) uptake between Norway and Italy could be explained by differences in car buyers' preference structures, either in terms of their evaluation of the vehicles' characteristics or in terms of their perceptionsattitudes towards BEVs. Based on stated preference data collected in the two countries, we find that car drivers evaluate vehicle attributes very similarly. Norwegians value BEV driving range slightly more and are more sensitive to fuelelectricity costs. Ceteris paribus, Italian respondents, in contrast to Norwegian ones, still prefer petrol cars to BEVs. The results of the integrated choice and latent variable (ICLV) model indicate that respondents’ perceptionsattitudes influence car choice in both countries. In Norway, BEVs are preferred by those who view them as economically, environmentally, technically, and morally superior. In Italy, the evidence is similar but for the environmental aspects, which are not decisive for BEV choice. Such perceptionsattitudes are correlated with age, sex, and BEV density.
该研究调查了挪威和意大利在纯电动汽车(BEV)使用率上的巨大差异是否可以用购车者的偏好结构差异来解释,无论是在他们对车辆特性的评估方面,还是在他们对纯电动汽车的看法和态度方面。根据在两国收集的陈述偏好数据,我们发现汽车驾驶员对车辆属性的评价非常相似。挪威人更看重纯电动汽车的续驶里程,对燃料和电力成本更为敏感。在其他条件相同的情况下,与挪威人相比,意大利受访者仍然更喜欢汽油车而不是纯电动汽车。综合选择和潜在变量(ICLV)模型的结果表明,受访者的看法和态度影响了两国的汽车选择。在挪威,那些认为纯电动汽车在经济上、环境上、技术上和道德上都更优越的人更喜欢它们。在意大利,证据是类似的,但在环境方面,这不是BEV选择的决定性因素。这种看法和态度与年龄、性别和纯电动汽车密度有关。
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引用次数: 0
Understanding the dynamics of vessel pricing and investor behavior in dry bulk shipping 了解干散货航运中船舶定价和投资者行为的动态
IF 3.4 3区 工程技术 Q1 ECONOMICS Pub Date : 2025-12-23 DOI: 10.1016/j.retrec.2025.101699
Michael Tsatsaronis , Hercules Haralambides , Theodore Syriopoulos , Eftymios Roumpis
Ships are heavily traded assets and their prices fluctuate wildly in paralell with the underlying freight rates. This confronts investors with sizable market risks but also, for some, with attractive profit opportunities from sale and purchase (S&P) transactions. The paper explores the complex pricing dynamics in dry bulk shipping. We employ modern machine learning techniques, such as k-means clustering, to explore a range of investment behaviors, with the hope of offering investors, asset players and new investor archetypes novel insights on vessel pricing and investment decisions. Through cluster analysis, we classify investors in the S&P market, unveiling investor profiles and behaviours. Chinese shipping investors, for instance, focus on achieving vertical and horizontal integration within the global supply chains, whereas, Greek shipowners are reputed for investing in ship acquisitions even amid economic downturns, demonstrating an agile and adaptive business strategy (McKinsey & Company, 2024). Our results carry potent implications regarding tailored market strategies, risk management, policy formulation, market transparency, investor education, and technology adoption.
船舶是交易量很大的资产,其价格与基础运费同步大幅波动。这让投资者面临相当大的市场风险,但对一些人来说,出售和购买(标普)交易也有诱人的盈利机会。本文探讨了干散货航运的复杂定价动态。我们采用k-means聚类等现代机器学习技术来探索一系列投资行为,希望为投资者、资产参与者和新投资者原型提供有关船舶定价和投资决策的新见解。通过聚类分析,我们对标普市场的投资者进行了分类,揭示了投资者的特征和行为。例如,中国航运投资者专注于在全球供应链中实现纵向和横向整合,而希腊船东即使在经济低迷时期也以投资船舶收购而闻名,展示了灵活和适应性的商业战略(麦肯锡公司,2024)。我们的研究结果对量身定制的市场策略、风险管理、政策制定、市场透明度、投资者教育和技术采用具有重要意义。
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引用次数: 0
Productivity-based assessment of Indian metro systems: A two-stage total factor productivity approach 基于生产率的印度地铁系统评估:两阶段全要素生产率方法
IF 3.4 3区 工程技术 Q1 ECONOMICS Pub Date : 2025-12-23 DOI: 10.1016/j.retrec.2025.101697
Gopal R. Patil, Vinayak Gaur
This study evaluates the productivity of nine metro systems in India that commenced operations before 2019, utilising a two-stage Total Factor Productivity (TFP) framework. The benchmarking framework integrates data from the metro's annual reports for the fiscal years 2015–2016 to 2022–2023. In the first stage, Gross Variable Input Productivity (GVIP) is computed using a multilateral index number method. The inputs are labour and soft input costs, and the outputs are passenger kilometres and other revenue. Based on GVIP, the Hyderabad Metro consistently ranks the most productive, securing the top position in four out of five years. Productivity is influenced by external factors such as network size, gross domestic product (GDP), and socioeconomic conditions; therefore, we computed Net Variable Input Productivity (NVIP) using regression analysis to retrieve the residual. The regression results indicate that track length and GDP have a significant impact on metro productivity. According to NVIP, there were some changes in the position of other metros, but Hyderabad Metro retained its top spot. Sensitivity analysis confirms the robustness of the benchmarking framework. The study's policy recommendations emphasise the importance of expanding network capacity, enhancing multimodal integration, and increasing non-fare revenue streams.
本研究利用两阶段全要素生产率(TFP)框架,评估了2019年之前开始运营的印度9个地铁系统的生产率。基准框架整合了2015-2016财年至2022-2023财年地铁年度报告的数据。在第一阶段,使用多边指数法计算总可变投入生产率(GVIP)。投入是劳动力和软投入成本,产出是乘客公里数和其他收入。根据GVIP,海得拉巴地铁一直是生产力最高的,在五年中有四年稳居榜首。生产率受网络规模、国内生产总值(GDP)和社会经济条件等外部因素的影响;因此,我们使用回归分析计算净可变投入生产率(NVIP)来检索残差。回归结果表明,轨道长度和GDP对地铁生产率有显著影响。根据NVIP的数据,其他地铁的排名也有所变化,但海得拉巴地铁保持了第一的位置。敏感性分析证实了基准框架的鲁棒性。该研究的政策建议强调了扩大网络容量、加强多模式整合和增加非票价收入流的重要性。
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引用次数: 0
Bi-objective set covering location model for two-tier shopping centers based on two-level consumer demand 基于两层消费者需求的双层购物中心双目标集覆盖选址模型
IF 3.4 3区 工程技术 Q1 ECONOMICS Pub Date : 2025-12-19 DOI: 10.1016/j.retrec.2025.101696
Fei Wang, Jianyu Chen, Houlong Zhang, Ke Wang
The strategic location of shopping centers is crucial to the economic interests of commercial investors and significantly influences urban residents' welfare and the spatial configuration of urban commercial systems. This study applies an optimization model to the shopping center location problem by constructing a bi-objective set-covering location model for two-tier shopping centers based on two -level consumer demand. The model simultaneously considers the interests of both investors and consumers, aiming to trade-off facility construction costs and consumer travel costs with limited capacity constraints. To efficiently solve the problem, an improved NSGA-II algorithm incorporating a chromosome-archiving mechanism is proposed, and its performance is validated against a reference frontier generated by the ε-constraint method. Empirical analysis based on Xi'an's metro network (163 stations) demonstrates the cost ratio parameter (α) and service radius ratio parameter (γ) exhibit high sensitivity, whereas the capacity ratio parameter (β) has a relatively minor effect on the optimization outcomes.
购物中心的战略区位关系到商业投资者的经济利益,对城市居民的福利和城市商业系统的空间配置具有重要影响。本文将优化模型应用于购物中心选址问题,构建了基于两层消费者需求的双层购物中心双目标集覆盖选址模型。该模型同时考虑投资者和消费者的利益,旨在在有限容量约束下权衡设施建设成本和消费者出行成本。为了有效地解决这一问题,提出了一种引入染色体存档机制的改进NSGA-II算法,并通过ε-约束法生成的参考边界对其性能进行了验证。基于西安地铁网络(163个站点)的实证分析表明,成本比参数(α)和服务半径比参数(γ)对优化结果具有较高的敏感性,而容量比参数(β)对优化结果的影响较小。
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引用次数: 0
Examining the role of travel wellbeing on mode choice behavior in a developing country context 在发展中国家背景下考察旅行幸福感对模式选择行为的作用
IF 3.4 3区 工程技术 Q1 ECONOMICS Pub Date : 2025-12-17 DOI: 10.1016/j.retrec.2025.101694
Rimpi Baro, K.V. Krishna Rao, Nagendra R. Velaga
Metropolitan authorities have started developing metro systems to promote sustainable transportation in urban agglomerations, indicating a significant change in the modal share in the future. Previous research indicates that travel wellbeing (TWB) substantially impacts mode choice behavior. This study developed a novel TWB index from structural equation modeling of TWB and Quality of Life framework and examined the association of TWB alongside travel attributes with mode choice behavior using a combined revealed-stated preference (RP-SP) dataset of 1393 commuters in the Mumbai Metropolitan Region, India. A set of RP, SP, and two joint RP-SP mixed logit models (the latter with the decomposition of random coefficients) was developed to identify the role of TWB and travel attributes on mode choice behavior and to examine systematic preference heterogeneity for travel attributes across socio-economic groups. Results indicated that TWB positively influenced all the modes’ utilities, while travel time, cost, waiting time, transfers, and discomfort negatively influenced their utilities. Systematic heterogeneity results indicated that low-income and older commuters displayed higher sensitivity to travel costs, while males and younger commuters showed more sensitivity to transfers and waiting time, and low-income individuals were more sensitive to transfers. The implications for policy measures are discussed accordingly.
都市当局已经开始开发地铁系统,以促进城市群的可持续交通,这表明未来交通方式的份额将发生重大变化。以往的研究表明,旅行幸福感对模式选择行为有显著影响。本研究利用印度孟买大都会区1393名通勤者的联合显示-陈述偏好(RP-SP)数据集,从TWB和生活质量框架的结构方程建模中开发了一个新的TWB指数,并研究了TWB与出行属性与模式选择行为之间的关系。本文建立了RP、SP和两个联合RP-SP混合logit模型(后者具有随机系数分解),以确定TWB和旅行属性对模式选择行为的作用,并检验不同社会经济群体对旅行属性的系统偏好异质性。结果表明,出行效率对各出行方式的效用均有正向影响,而出行时间、成本、等待时间、换乘次数和不适程度对其效用均有负向影响。系统异质性结果表明,低收入和老年通勤者对出行成本的敏感性更高,男性和年轻通勤者对换乘和等待时间的敏感性更高,低收入个体对换乘的敏感性更高。对政策措施的影响进行了相应的讨论。
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引用次数: 0
Measuring expressway accessibility of enterprise based on an improved NN-2SFCA method in rural area 基于改进NN-2SFCA方法的农村地区企业高速公路可达性测度
IF 3.4 3区 工程技术 Q1 ECONOMICS Pub Date : 2025-12-11 DOI: 10.1016/j.retrec.2025.101679
Rui Cao , Wu Li , Fang Chen , Xiaoqing Zong , Xiaofeng Ji
Equitable expressway accessibility is critical for revitalizing rural industries, yet traditional accessibility metrics often fail to capture the unique logistical needs of enterprises in complex rural environments. The widely used Two-Step Floating Catchment Area (2SFCA) method is limited in rural applications due to its reliance on fixed catchment areas and population-based demand weighting, which misrepresent actual travel conditions and overlook industry-specific requirements. To address these gaps, we propose an improved Nearest-Neighbor 2SFCA (NN-2SFCA) method that incorporates three key innovations: (1) network-based travel time derived from web mapping API instead of Euclidean distance, (2) a data-driven dynamic nearest-neighbor search to adaptively determine service ranges, and (3) demand weighting based on enterprise registered capital to reflect industrial scale rather than population distribution. Applied in Yunnan Province, China, results reveal severe inequality: 73 % of expressway services concentrate in only 10 % of townships, showing a clear core-periphery pattern. Significant sectoral disparities exist, with tourism having the poorest accessibility. The study offers actionable insights for optimizing resource allocation under the Rural Revitalization Strategy and presents a transferable framework for accessibility research in similar contexts.
公平的高速公路可达性对于振兴农村产业至关重要,但传统的可达性指标往往无法捕捉复杂农村环境中企业的独特物流需求。广泛使用的两步浮动集水区(2SFCA)方法在农村的应用受到限制,因为它依赖于固定的集水区和以人口为基础的需求加权,这错误地反映了实际的旅行条件,忽视了行业的具体要求。为了解决这些差距,我们提出了一种改进的最近邻2SFCA (NN-2SFCA)方法,该方法结合了三个关键创新:(1)基于网络的旅行时间,而不是欧几里得距离,(2)数据驱动的动态最近邻搜索,以自适应确定服务范围;(3)基于企业注册资本的需求加权,以反映产业规模,而不是人口分布。应用于中国云南省,结果显示出严重的不平等:73%的高速公路服务集中在10%的乡镇,呈现出明显的核心-边缘格局。存在显著的部门差异,旅游业的可达性最差。该研究为乡村振兴战略下的资源优化配置提供了可操作的见解,并为类似背景下的可达性研究提供了可转移的框架。
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引用次数: 0
Where are we headed with research, training and practice in land passenger transport governance in Africa? 我们在非洲陆路客运治理方面的研究、培训和实践将走向何方?
IF 3.4 3区 工程技术 Q1 ECONOMICS Pub Date : 2025-12-07 DOI: 10.1016/j.retrec.2025.101673
Lydia Akoth Midimo , Marianne Vanderschuren , Gladys Moraa Nyachieo
This paper, based on a scoping review of selected studies, examines the status of land passenger transport governance research, training and practice in Africa. The findings of this paper are outlined as follows. Transport governance research in Africa is in a nascent stage with respect to theoretical, methodological and empirical advancements. While relevant theories and methods are utilised, the contextualised reformulation of these theories and methods, based on the African reality is, however, not evident. A sustained effort by prolific scholars who pursue an engaging research agenda or expand on initial transport governance research is not also evident. Hence, there is a tendency for one-off empirical studies and not a stream of related studies by the same researcher on a set of topics. An exploratory analysis of courses in 26 African universities shows that there was no course dedicated solely to transport governance as a standalone course. Several practices of transport governance like public participation, performance monitoring and accountability exist but the extent to which they are adhered to, need to be assessed.
本文在对选定研究进行范围审查的基础上,审查了非洲陆地客运治理研究、培训和实践的现状。本文的研究结果概述如下。在理论、方法和经验方面,非洲的运输管理研究处于初级阶段。虽然利用了相关的理论和方法,但根据非洲实际情况对这些理论和方法进行背景化的重新制定并不明显。追求引人入胜的研究议程或扩展初始交通治理研究的多产学者的持续努力也不明显。因此,有一种倾向是一次性的实证研究,而不是同一研究人员对一系列主题的一系列相关研究。对26所非洲大学的课程进行的探索性分析表明,没有专门将运输管理作为一门独立的课程。目前存在一些交通管理的做法,如公众参与、绩效监测和问责制,但需要评估这些做法得到遵守的程度。
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引用次数: 0
Environmental and social assessment of transport and cooling systems in last-mile cold-chain vaccine distribution: A case study in Flanders, Belgium 最后一英里冷链疫苗配送中运输和冷却系统的环境和社会评估:比利时法兰德斯的案例研究
IF 3.4 3区 工程技术 Q1 ECONOMICS Pub Date : 2025-12-05 DOI: 10.1016/j.retrec.2025.101693
Rafael Arevalo-Ascanio , Elena Prozorova , Annelies De Meyer , Roel Gevaers , Ruben Guisson , Wouter Dewulf
Although the discussions on the sustainability of transport and logistics have been a focus of research in recent years, the impacts of the choice of cooling systems within cold chains have not received the same attention. This paper assesses the environmental and social implications of cold-chain vaccine distribution in the last mile, in terms of CO2 emissions from cooling systems and transport, as well as the external costs of transport. The last-mile vaccine distribution is modelled using a strategic approach to perform multi-scenario analyses. An application within the Flemish immunisation programme in Belgium compares the performance of active (ACS) and passive (PCS) cooling systems during last-mile vaccine distribution. The CO2 emissions results indicate that PCS are the most efficient for multi-stop distribution, while ACS emissions rise sharply with more stops along the route. An illustrative example explores the potential environmental benefits of using cargo bikes and PCS for deliveries in the densest regions. Regarding social impacts, the urban distribution of vaccines presents the highest effects on the external costs categories of accidents, air pollution, and congestion. The findings are relevant to cold-chain planning for logistics operators, as the efficient implementation of cooling systems can enhance all dimensions of sustainability.
尽管近年来关于运输和物流可持续性的讨论一直是研究的焦点,但冷链中冷却系统选择的影响并没有得到同样的关注。本文从冷却系统和运输产生的二氧化碳排放以及运输的外部成本的角度,评估了冷链疫苗在最后一英里配送的环境和社会影响。最后一英里疫苗分发采用战略方法进行多情景分析。在比利时的佛兰德免疫项目中,一项应用比较了最后一英里疫苗分发过程中主动(ACS)和被动(PCS)冷却系统的性能。CO2排放结果表明,多站点分布时,高速公路的CO2排放效率最高,而高速公路的CO2排放随着站点数量的增加而急剧上升。一个说明性的例子探讨了在人口最密集的地区使用货运自行车和个人电脑进行交付的潜在环境效益。在社会影响方面,在城市分配疫苗对事故、空气污染和拥堵等外部成本类别的影响最大。研究结果与物流运营商的冷链规划有关,因为冷却系统的有效实施可以提高可持续性的各个方面。
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引用次数: 0
Towards a revitalization of passenger rail services in South African cities: Lessons from international institutional reforms 振兴南非城市客运铁路服务:来自国际机构改革的经验教训
IF 3.4 3区 工程技术 Q1 ECONOMICS Pub Date : 2025-12-03 DOI: 10.1016/j.retrec.2025.101692
Roger Behrens , Pieter Onderwater , Kavita Shah
For over a century passenger rail services in South Africa have been provided by one or other form of national public monopoly. Over the past decade these services have been in steep decline, effectively collapsing when COVID-19 lockdown regulations were imposed. Current policy attention is focussed on reviving operations and installing an institutional structure capable of providing ‘safe, reliable, effective, efficient and fully integrated’ rail transport. Key to this is a commitment to devolve functions to capable lower spheres of government. The aim of this paper is to explore lessons from international experiences in institutional reforms centred around devolution. To qualify for inclusion, cases needed to have experienced a deliberate policy action to devolve passenger rail functions from a national to a lower sphere of government. A literature search revealed 11 such cases. Case reviews focussed on: the circumstances of the devolution; any associated vertical separation and privatisation; impacts; and any subsequent policy reversals. Key lessons included: devolved operations should be accompanied by financial resourcing; vertical separation requires independent institutions capable of adjudicating competing interests; private sector participation in operations is less risky than private infrastructure ownership; and the devolution of both train and bus services can enhance modal integration.
一个多世纪以来,南非的客运铁路服务一直由一种或另一种形式的国家公共垄断提供。在过去十年中,这些服务急剧下降,在实施COVID-19封锁规定时实际上已经崩溃。目前的政策重点是恢复运营和建立一个能够提供“安全、可靠、有效、高效和完全一体化”铁路运输的体制结构。这方面的关键是承诺将职能下放给有能力的较低政府部门。本文旨在探讨以权力下放为中心的机构改革的国际经验教训。为了符合纳入的条件,案例需要经过深思熟虑的政策行动,将客运铁路职能从国家政府下放到较低的政府领域。文献检索显示了11个这样的案例。案例审查侧重于:权力下放的情况;任何相关的纵向分离和私有化;影响;以及随后的政策逆转。主要经验包括:下放的业务应同时提供财政资源;纵向分离要求有能力裁决相互竞争的利益的独立机构;私营部门参与运营的风险低于私人拥有基础设施的风险;火车和公共汽车服务的下放可以增强模式一体化。
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引用次数: 0
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Research in Transportation Economics
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