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Main Title: Microeconomic Interpretation of MATSim for Benefit-Cost Analysis
Author(s): Kickhöfer, Benjamin
Nagel, Kai
Type: Book Part
Language Code: en
Is Part Of: 10.5334/baw
Abstract: This chapter explains how MATSim’s agent-based framework can be interpreted from a microeconomic perspective and how it can be used for the economic evaluation of transport policies, e.g., for BCA (Benfit-Cost Analysis). The text of this chapter is partly taken from Kickhöfer (2014, Section 2.3). Typically, the process of economic policy evaluation consists of three steps: First, forecasting changes in the system by modeling users’ reactions to a policy (Section 51.1). Second, assigning some (potentially monetary) valuation to these changes (Section 51.2). And third, applying an appropriate aggregation rule (Section 51.3). As will be shown in the next sections, these steps are neither completely independent nor completely dependent on each other.
Issue Date: 2016
Date Available: 26-Nov-2018
DDC Class: 380 Handel, Kommunikation, Verkehr
Subject(s): large-scale simulation
agent-based modeling
choice modeling
transport modeling
transport planning
Book Title: The Multi-Agent Transport Simulation MATSim
Editor: Horni, Andreas
Nagel, Kai
Axhausen, Kay
Publisher: Ubiquity Press
Publisher Place: London
Publisher DOI: 10.5334/baw.51
Page Start: 353
Page End: 364
ISBN: 978-1-909188-77-8
Appears in Collections:FG Verkehrssystemplanung und Verkehrstelematik » Publications

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