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Most previous theoretical arguments on congestion pricing are based on the fundamental economic principle of marginal-cost pricing, and are entirely concerned with abstract travel demand-supply models. There exists in the literature considerable confusion on analysis of congestion which needs to...
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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...
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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...
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This paper analyzes the equilibrium properties of the morning peak-period commuting pattern on a many-to-one transit system with in-vehicle crowding effect and schedule delay cost in a monocentric city. Commuters are assumed to choose their optimal time-of-use decision from various stations/home...
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A general dynamical system model with link-based variables is formulated to characterize the processes of achieving equilibria from a non-equilibrium state in traffic networks. Several desirable properties of the dynamical system model are established, including the equivalence between its...
Persistent link: https://www.econbiz.de/10011118038