 Analysis of multimodal two-dimensional urban system equilibrium for cordon toll pricing and bus service designZhi-Chun Li and Ya-Dong Wang Transportation Research Part B: Methodological, 2018, vol. 111, issue C, 244-265 Abstract: This paper presents a multimodal urban system equilibrium model to address cordon toll pricing and bus service design issues in a two-dimensional monocentric city. Commuters are assumed to travel by auto or bus from their home locations to their workplace located in the city center through a ring-radial routing system. Auto users must pay tolls when passing through the cordons installed on the radial major roads. The multimodal two-dimensional urban system equilibrium is first formulated and its properties are analytically explored. A social welfare maximization model that simultaneously determines the optimal cordon toll location, toll level, bus service frequency and fare on each radial major road is then proposed. The effects of different tolling schemes (uniform and differential cordon-based, first-best, and no toll) on the multimodal urban system are also examined and compared. Keywords: Multimodal two-dimensional urban system equilibrium; Uniform and differential cordon tolling schemes; Bus service; Housing market; Social welfare (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:transb:v:111:y:2018:i:c:p:244-265 Ordering information: This journal article can be ordered from DOI: 10.1016/j.trb.2018.03.005 Access Statistics for this article Transportation Research Part B: Methodological is currently edited by Fred Mannering More articles in Transportation Research Part B: Methodological from Elsevier |
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