Advances in Economics and Business Vol. 3(5), pp. 168 - 183
DOI: 10.13189/aeb.2015.030503
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A Novelty for the Definition of Virtuous Economic Framework of the Italian Motorway Traffic Management: MPCA Model


Moreno Ferrarese 1,2,*
1 Department of Economics, University of Verona, Italy
2 Academic Research Center “The Hub”, Italy

ABSTRACT

The precise and reliable assignment of parameters of the economic scenery, aimed at planning of motorway traffic, can not be separated from the analysis of the parameters of motorway safety as conflicting elements in the decision-making capacity management in "crisis conditions" due to natural events or as a cause of the job scheduling road maintenance. The fundamental problem for the concessionaire of the motorways lies in the quest for the best balance between motorway safety for driver-players and the revenue from tolls paid by owners of the vehicles? In fact, in case of a crisis due to accidental events or scheduled ones as the fixed and mobile road yards, the revenue of the company is changing. This study achieves the implementation of a management model of business revenue under crisis conditions. Through repeated field surveys we have built and calibrated an economic model - IT based - that offers immediate answers for the motorways' management. So, we present a new method for the economic balance of the motorway infrastructure, in the very short term.

KEYWORDS
Motorway Safety-Loss Account- Motorway Management Model

Cite this paper
Moreno Ferrarese . "A Novelty for the Definition of Virtuous Economic Framework of the Italian Motorway Traffic Management: MPCA Model." Advances in Economics and Business 3.5 (2015) 168 - 183. doi: 10.13189/aeb.2015.030503.