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Demand and revenue forecasting for transport concessions has an inconsistent track record. There are several reasons for this: a possible optimism bias, the inherent uncertainty in any forecast, limited data and a poor choice of modelling tools. Therefore any better approach must acknowledge these constraints from the outset and be adapted to deal with revenue risk. This book addresses these issues on the basis of 20 years of international experience producing Traffic and Revenue projections for a range of transport concessions: Toll Roads, Managed Lanes, LRT, BRT, Metro and Rail projects...

With this fourth edition, Modelling Transport has been fully updated and revised to retain its position as the market-leading text in the field of transport modelling. As with previous editions, each subject is approached as a modelling exercise with discussion of the roles of theory, data, model specification, estimation, validation and application. This edition features four significant content enhancements; a new chapter on modelling for private sector projects; a new chapter on activity-based modelling; a new section on dynamic assignment and micro-simulation; and sizeable updates to the...

Modelling Transport, Fifth Edition is a comprehensively updated new edition of the bestselling textbook. Every chapter has been updated and four new chapters are included which cover dynamic assignment and micro-simulation, model design and specification, difficult modelling issues, and better modelling and forecasting. Modelling Transport, Fifth Edition covers the state-of-the-art in the field and includes new research and examples. It is also accompanied by a website hosting a solutions manual.