Towards user-centric, market-driven mobility management of road traffic using permit-based schemes

Javad Lessan, Liping Fu and Chris Bachmann

Transportation Research Part E: Logistics and Transportation Review, 2020, vol. 141, issue C

Abstract: We study the problem of managing traffic on single-bottleneck roadways using a mobility permit (MP)-based method—a scheme that becomes increasingly relevant to shape the new mobility culture. To identify the main concerns of the involved stakeholders, we present an integrated framework that embeds our MP-based traffic management scheme, in which the mobility permit users are allowed to choose the options best matching their travel needs. Furthermore, to find the most effective market prices, the proposed permit allocation approach is integrated into an iterative auction process to achieve the best equilibrium state in terms of permit prices that is suitable for users, mitigating potential efficiency loss. Our computational results indicate the effectiveness of the proposed scheme as an alternative solution for permit-based mobility management on single-bottleneck roadways.

Keywords: Mobility marketplace; Single-bottleneck roadways; Mobility permits; Auction mechanism; Pricing and allocation; Mixed-integer programming (search for similar items in EconPapers)
Date: 2020
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DOI: 10.1016/j.tre.2020.102023

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