Optimal starting location of an HOV lane for a linear monocentric urban area

Chih-Peng Chu, Jyh-Fa Tsai and Shou-Ren Hu

Transportation Research Part A: Policy and Practice, 2012, vol. 46, issue 3, 457-466

Abstract: This paper analyzes the optimal starting location of a high-occupancy-vehicle (HOV) lane for a linear monocentric urban area. Both travel time and carpooling costs are taken into account. The research proposes an analytical framework for the case with a continuum demand distribution along a highway corridor. The objective is assumed to maximize social welfare of the transportation system, which is the difference between the total user benefit and travel cost. Numerical analysis via simulation experiments was conducted to seek the existence of an optimal solution. Based on the results of a sensitivity analysis, we find a specific relationship between the carpooling cost and the optimal design of the starting point of an HOV lane.

Keywords: Carpooling; Optimal starting location; HOV lane (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (6)

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DOI: 10.1016/j.tra.2011.11.017

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