Showing 1 - 10 of 13
The inland waterway transportation has attracted a lot of attention worldwide in the last fifteen years. This paper studies the location, service charge and capacity decision of an inland river port to maximize its revenue or profit. The cargo shippers are assumed to be uniformly distributed...
Persistent link: https://www.econbiz.de/10011208984
This paper examines the efficiency of a tradable travel credit scheme for managing bottleneck congestion and modal split in a competitive highway/transit network with continuous heterogeneity in the individuals’ value of time. Each user is initially endowed with a certain amount of travel...
Persistent link: https://www.econbiz.de/10010754995
Every morning, commuters either use their private cars or select the regularly dispatched buses for traveling from a residential area to a workplace on a bottleneck-constrained highway. With the mode split governed by a logit-based formula, the classical bottleneck model and a newly proposed...
Persistent link: https://www.econbiz.de/10009202325
This paper studies the existence and efficiency of oligopoly equilibrium under simultaneous toll and capacity competition in a parallel-link network subject to congestion. We establish sufficient conditions for the existence of a pure-strategy oligopoly equilibrium and then derive upper bounds...
Persistent link: https://www.econbiz.de/10010755002
This paper deals with pricing and modal split in a competitive mass transit/highway system with heterogeneous commuters. Two groups of commuters that differ in their disutility from travel time, schedule delay and transit crowding, select the transit or auto mode for traveling from a residential...
Persistent link: https://www.econbiz.de/10009202367
A model is presented for analyzing Pareto-efficient build-operate-transfer toll road contracts. The formulation simultaneously allows maximizing social welfare and private profit when road users vary in their value-of-time (VOT). The failure rate and mean residual functions of the VOT...
Persistent link: https://www.econbiz.de/10010754962
This paper carries on the recent work of Yang and Wang (2011) on tradable credit schemes by considering heterogeneous users with different value of time (VOT). Given a tradable credit scheme, the user equilibrium (UE) and market equilibrium (ME) conditions with heterogeneous users are formulated...
Persistent link: https://www.econbiz.de/10010755046
This paper enhances a trial-and-error implementation scheme of marginal-cost pricing on a transportation network, in the absence of explicit expression of the demand function. Link tolls and link flows are updated for the next trial with the revealed link flows for given current trial toll...
Persistent link: https://www.econbiz.de/10009202244
This paper deals with the following question associated with congestion pricing in a general network with either fixed or elastic travel demand: what is the maximum efficiency loss of a general second-best pricing scheme due to inexact marginal-cost pricing in comparison with the first-best...
Persistent link: https://www.econbiz.de/10009202310
We consider the effect of the so-called second-best tolls on the price of anarchy of the traffic equilibrium problem where there are multiple classes of users with a discrete set of values of time. We derive several bounds of the price of anarchy for this problem when the tolls are considered...
Persistent link: https://www.econbiz.de/10009202351