Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
11005136 | Transportation Research Part E: Logistics and Transportation Review | 2018 | 17 Pages |
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.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Business and International Management
Authors
Jing-Peng Wang, Tian-Liang Liu, Hai-Jun Huang,