Tradable OD-based travel permits for bi-modal traffic management with heterogeneous users
Jing-Peng Wang,
Tian-Liang Liu and
Hai-Jun Huang ()
Transportation Research Part E: Logistics and Transportation Review, 2018, vol. 118, issue C, 589-605
Abstract:
A tradable origin-destination (OD) based travel permits scheme is proposed to manage mobility in a bi-modal transportation network with heterogeneous users in value of time. The travel permits are OD-specific, initially allocated to eligible users by city authority, and then traded in a free market. The optimal permits supply is determined by solving a bi-level programming problem for minimizing the system’s total cost. The market-clear conditions are formulated as a complementary problem, which in turn guarantees the modal split equilibrium. Extensions are made to the OD-independent permits, flexible car owning and heterogeneous transit crowding cases.
Keywords: Travel permits; Modal split; VOT; User heterogeneity; Bi-level programming (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (5)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:transe:v:118:y:2018:i:c:p:589-605
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DOI: 10.1016/j.tre.2018.08.015
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