Joint implementation of tradable credit and road pricing in public-private partnership networks considering mixed equilibrium behaviors

Hua Wang and Xiaoning Zhang

Transportation Research Part E: Logistics and Transportation Review, 2016, vol. 94, issue C, 158-170

Abstract: This paper investigates joint road charging schemes in a public-private partnership (PPP) network by simultaneously taking into account Cournot-Nash (CN) players and user equilibrium (UE) players. Each joint scheme comprises a tradable credit plan for public roads and a regular tolling plan for private roads. We show that, under UE-CN mixed equilibrium, there exist anonymous nonnegative joint schemes that can support a system optimum link flow pattern. By using preemptive approach, we further design three bi-objective optimization models with hybrid implementation of tradable credit and road pricing. Numerical examples demonstrate that the proposed methods are effective in managing PPP networks.

Keywords: Joint road charging scheme; Tradable credit; UE-CN mixed equilibrium; Bi-objective optimization; PPP network (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:transe:v:94:y:2016:i:c:p:158-170

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DOI: 10.1016/j.tre.2016.07.014

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