IDEAS home Printed from https://ideas.repec.org/a/eee/transb/v38y2004i8p709-731.html
   My bibliography  Save this article

Locating and pricing park-and-ride facilities in a linear monocentric city with deterministic mode choice

Author

Listed:
  • Wang, Judith Y. T.
  • Yang, Hai
  • Lindsey, Robin

Abstract

This paper investigates the optimal location and pricing of a park-and-ride (P&R) facility in a linear city. Residences are uniformly distributed from the center to the exogenous city boundary, and all trips are from home to the center. A congestible highway and a congestion-free railway can be accessed at all points along the travel corridor. Deterministic mode choice equilibria are characterized for before and after a P&R service is introduced. Profit maximizing and social cost minimizing P&R locations and parking charges are then derived and compared. A numerical example illustrates the possibility of a "win-win" situation whereby a P&R facility can be profitable, as well as socially beneficial by reducing total travel costs.

Suggested Citation

  • Wang, Judith Y. T. & Yang, Hai & Lindsey, Robin, 2004. "Locating and pricing park-and-ride facilities in a linear monocentric city with deterministic mode choice," Transportation Research Part B: Methodological, Elsevier, vol. 38(8), pages 709-731, September.
    • Handle: RePEc:eee:transb:v:38:y:2004:i:8:p:709-731
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0191-2615(03)00127-9
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Solow, Robert M. & Vickrey, William S., 1971. "Land use in a long narrow city," Journal of Economic Theory, Elsevier, vol. 3(4), pages 430-447, December.
    2. Kraus, Marvin, 1989. "The welfare gains from pricing road congestion using automatic vehicle identification and on-vehicle meters," Journal of Urban Economics, Elsevier, vol. 25(3), pages 261-281, May.
    3. Vukan R. Vuchic, 1969. "Rapid Transit Interstation Spacings for Maximum Number of Passengers," Transportation Science, INFORMS, vol. 3(3), pages 214-232, August.
    4. Mun, Se-il & Konishi, Ko-ji & Yoshikawa, Kazuhiro, 2003. "Optimal cordon pricing," Journal of Urban Economics, Elsevier, vol. 54(1), pages 21-38, July.
    5. Philippe Jehiel, 1993. "Equilibrium on a Traffic Corridor with Several Congested Modes," Transportation Science, INFORMS, vol. 27(1), pages 16-24, February.
    6. Verhoef, Erik & Nijkamp, Peter & Rietveld, Piet, 1995. "The economics of regulatory parking policies: The (IM)possibilities of parking policies in traffic regulation," Transportation Research Part A: Policy and Practice, Elsevier, vol. 29(2), pages 141-156, March.
    7. Vukan R. Vuchic & Gordon F. Newell, 1968. "Rapid Transit Interstation Spacings for Minimum Travel Time," Transportation Science, INFORMS, vol. 2(4), pages 303-339, November.
    8. Mark Horner & Tony Grubesic, 2001. "A GIS-based planning approach to locating urban rail terminals," Transportation, Springer, vol. 28(1), pages 55-77, February.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mun, Se-il & Konishi, Ko-ji & Yoshikawa, Kazuhiro, 2005. "Optimal cordon pricing in a non-monocentric city," Transportation Research Part A: Policy and Practice, Elsevier, vol. 39(7-9), pages 723-736.
    2. Tian, Qiong & Huang, Hai-Jun & Yang, Hai, 2007. "Equilibrium properties of the morning peak-period commuting in a many-to-one mass transit system," Transportation Research Part B: Methodological, Elsevier, vol. 41(6), pages 616-631, July.
    3. Hugo M. Repolho & António P. Antunes & Richard L. Church, 2013. "Optimal Location of Railway Stations: The Lisbon-Porto High-Speed Rail Line," Transportation Science, INFORMS, vol. 47(3), pages 330-343, August.
    4. Samanta, Sutapa & Jha, Manoj K., 2011. "Modeling a rail transit alignment considering different objectives," Transportation Research Part A: Policy and Practice, Elsevier, vol. 45(1), pages 31-45, January.
    5. Peng, Ya-Ting & Li, Zhi-Chun & Choi, Keechoo, 2017. "Transit-oriented development in an urban rail transportation corridor," Transportation Research Part B: Methodological, Elsevier, vol. 103(C), pages 269-290.
    6. Chen, Peng (Will) & Nie, Yu (Marco), 2018. "Optimal design of demand adaptive paired-line hybrid transit: Case of radial route structure," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 110(C), pages 71-89.
    7. Liu, Tian-Liang & Huang, Hai-Jun & Yang, Hai & Zhang, Xiaoning, 2009. "Continuum modeling of park-and-ride services in a linear monocentric city with deterministic mode choice," Transportation Research Part B: Methodological, Elsevier, vol. 43(6), pages 692-707, July.
    8. Brueckner, Jan K., 2014. "Cordon tolling in a city with congested bridges," Economics of Transportation, Elsevier, vol. 3(4), pages 235-242.
    9. Tirachini, Alejandro, 2014. "The economics and engineering of bus stops: Spacing, design and congestion," Transportation Research Part A: Policy and Practice, Elsevier, vol. 59(C), pages 37-57.
    10. Du, Bo & Wang, David Z.W., 2014. "Continuum modeling of park-and-ride services considering travel time reliability and heterogeneous commuters – A linear complementarity system approach," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 71(C), pages 58-81.
    11. Cortina, Mélanie & Chiabaut, Nicolas & Leclercq, Ludovic, 2023. "Fostering synergy between transit and Autonomous Mobility-on-Demand systems: A dynamic modeling approach for the morning commute problem," Transportation Research Part A: Policy and Practice, Elsevier, vol. 170(C).
    12. Verhoef, Erik T., 2005. "Second-best congestion pricing schemes in the monocentric city," Journal of Urban Economics, Elsevier, vol. 58(3), pages 367-388, November.
    13. Safirova, Elena A. & Houde, Sébastien & Lipman, D. Abram & Harrington, Winston & Bagliano, Andrew D., 2006. "Congestion Pricing: Long-Term Economic and Land-Use Effects," RFF Working Paper Series dp-06-37, Resources for the Future.
    14. Sang, Jinyan & Li, Zhi-Chun & Lam, William H.K. & Wong, S.C., 2019. "Design of build-operate-transfer contract for integrated rail and property development with uncertainty in future urban population," Transportation Research Part B: Methodological, Elsevier, vol. 130(C), pages 36-66.
    15. Tian, Qiong & Liu, Peng & Ong, Ghim Ping & Huang, Hai-Jun, 2021. "Morning commuting pattern and crowding pricing in a many-to-one public transit system with heterogeneous users," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 145(C).
    16. Tatsuhito Kono & Hiroya Kawaguchi, 2017. "Cordon Pricing and Land‐Use Regulation," Scandinavian Journal of Economics, Wiley Blackwell, vol. 119(2), pages 405-434, April.
    17. Konrad Steiner & Stefan Irnich, 2018. "Schedule-Based Integrated Intercity Bus Line Planning via Branch-and-Cut," Transportation Science, INFORMS, vol. 52(4), pages 882-897, August.
    18. López-de-los-Mozos, M.C. & Mesa, Juan A. & Schöbel, Anita, 2017. "A general approach for the location of transfer points on a network with a trip covering criterion and mixed distances," European Journal of Operational Research, Elsevier, vol. 260(1), pages 108-121.
    19. Holguı´n-Veras, José & Yushimito, Wilfredo F. & Aros-Vera, Felipe & Reilly, John (Jack), 2012. "User rationality and optimal park-and-ride location under potential demand maximization," Transportation Research Part B: Methodological, Elsevier, vol. 46(8), pages 949-970.
    20. Langevin, André & Mbaraga, Pontien & Campbell, James F., 1996. "Continuous approximation models in freight distribution: An overview," Transportation Research Part B: Methodological, Elsevier, vol. 30(3), pages 163-188, June.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:transb:v:38:y:2004:i:8:p:709-731. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/548/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.