Showing 1 - 10 of 125
There has been wide interest in private supply of roads as a solution to traffic congestion. We study its efficiency under demand uncertainty: we solve for equilibrium and optimum as benchmarks, and evaluate the efficiency of possible regulatory policies for private road operators. We obtain...
Persistent link: https://www.econbiz.de/10011403549
When drivers opt for carpooling, road capacity will be freed up, and this will reduce congestion. Therefore, carpooling is interesting for policy makers as a possible solution to congestion. We investigate the effects of carpooling in a dynamic equilibrium model of congestion, which captures...
Persistent link: https://www.econbiz.de/10011932325
We formulate a horizontal differentiation model with price-sensitive demand and asymmetric transport costs, in the context of transport scheduling. Two competitors choose fares and departure times in a fixed time interval. Consumers are distributed uniformly along the interval; their location...
Persistent link: https://www.econbiz.de/10010326505
We compare three stochastic user equilibrium traffic assignment models multinomial probit, nested logit, and generalized nested logit), using a congestible transport network. We test the models in two situations: one in which they have theoretically equivalent coefficients, and one in which they...
Persistent link: https://www.econbiz.de/10010328336
We investigate the impacts of in-vehicle activities of commuters in the autonomous car on aggregate travel patterns. We allow for an autonomous car to affect the utility difference between being at home and being in the vehicle differently than the utility difference between being at work and...
Persistent link: https://www.econbiz.de/10012114820
We study how preference heterogeneity affects travel behavior and congestion pricing in a dynamic flow congestion model. We formulate and solve a multi-point optimal control problem using a Hamiltonian-based method to derive the social optimum. The properties of the travel equilibrium are...
Persistent link: https://www.econbiz.de/10014547729
We analyse time-varying tolling in the stochastic bottleneck model with price-sensitive demand and uncertain capacity. We find that price sensitivity and its interplay with uncertainty have important implications for the effects of tolling on travel costs, welfare and consumers. We evaluate...
Persistent link: https://www.econbiz.de/10014547773
We study the efficiency of private supply of roads under demand uncertainty and evaluate various regulatory policies. Due to demand uncertainty, capacity is decided before demand is known, but tolls can be adjusted after demand is known. Policy implications can differ considerably from those...
Persistent link: https://www.econbiz.de/10011662523
We study different mixes of private and public supply of roads in a network with bottleneck congestion and heterogeneous users. In our setting, there are two parallel links for one origin and destination pair and two groups of travellers, where the group with higher value of time also has higher...
Persistent link: https://www.econbiz.de/10011662524
This paper explores how the interaction between human-driven vehicles (HVs) cruising for parking and autonomous vehicles (AVs) traveling back and forth affects travel behavior and congestion. To capture the spatial distribution of parking, we develop a continuous spatial optimization model, with...
Persistent link: https://www.econbiz.de/10014547762