Pricing commercial train path requests based on societal costs
Abderrahman Ait Ali,
Jennifer Warg and
Jonas Eliasson ()
Authors registered in the RePEc Author Service: Abderrahman Ait-Ali
Transportation Research Part A: Policy and Practice, 2020, vol. 132, issue C, 452-464
Abstract:
On deregulated railway markets, efficient capacity allocation is important. We study the case where commercial trains and publicly controlled traffic (“commuter trains”) use the same railway infrastructure and hence compete for capacity. We develop a method that can be used by an infrastructure manager trying to allocate capacity in a socially efficient way. The method calculates the loss of societal benefits incurred by changing the commuter train timetable to accommodate a commercial train path request, and based on this calculates a reservation price for the train path request. If the commercial operator’s willingness-to-pay for the train path exceeds the loss of societal benefits, its request is approved. The calculation of these benefits takes into account changes in commuter train passengers’ travel times, waiting times, transfers and crowding, and changes in operating costs for the commuter train operator(s). The method is implemented in a microscopic simulation program, which makes it possible to test the robustness and feasibility of timetable alternatives.
Keywords: Train timetables; Train conflicts; Capacity pricing; Railway capacity; Capacity allocation (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0965856419303829
Full text for ScienceDirect subscribers only
Related works:
Working Paper: Pricing commercial train path requests based on societal costs (2019) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:transa:v:132:y:2020:i:c:p:452-464
Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/supportfaq.cws_home/regional
https://shop.elsevie ... _01_ooc_1&version=01
DOI: 10.1016/j.tra.2019.12.005
Access Statistics for this article
Transportation Research Part A: Policy and Practice is currently edited by John (J.M.) Rose
More articles in Transportation Research Part A: Policy and Practice from Elsevier
Bibliographic data for series maintained by Catherine Liu ().