Value of Time - Estimating the
value of onboard rail time and the value of displacement (the difference between
when passengers want to travel and when the timetable allows them to travel)
using Stated Preference market research. The study also looks at different indices
to update the value of time. The study is being undertaken with RailCorp NSW.
Using Rooftops to Assess Peak Spreading Demand
Management Policies - The rooftops technique originates
from work by Hotelling in spatial economics and was applied by Tyler and Hassard
to intercity rail timetable choice by passengers in the 1970s where the name
rooftops was coined because the choice graphs resembled a street of rooftops.
The study extends the approach to include fare. The model parameters are estimated
from Stated Preference research (see above). The model has been used to assess
the ability of fare discounts on early AM peak and late AM peak trains and peak
hour surcharges to shift passengers out of the AM peak hour.
CountryLink Rolling Stock -
An economic and financial evaluation of options to replace the long distance
diesel power rail fleet of NSW which is approaching the end of its planned life.
Museum Station - An economic
and financial evaluation of options to upgrade Museum station in the CBD of