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User rationality and optimal park-and-ride location under potential demand maximization

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  • Holguı´n-Veras, José
  • Yushimito, Wilfredo F.
  • Aros-Vera, Felipe
  • Reilly, John (Jack)

Abstract

The paper develops analytical formulations to gain insight into the optimal location, i.e., the one that maximizes the potential market, and to estimate the potential catchment area of Park and Ride (P&R) facilities. The formulations are based on the assumption that a traveler would use a P&R facility if and only if the corresponding generalized cost is lower than the drive only alternative. The paper considers two different scenarios: a linear city (or a travel corridor), and a two-dimensional city with Euclidean travel. Analytical derivations were obtained for both cases using, as starting point, the necessary condition for P&R use.

Suggested Citation

  • 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.
    • Handle: RePEc:eee:transb:v:46:y:2012:i:8:p:949-970
    DOI: 10.1016/j.trb.2012.02.011
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    References listed on IDEAS

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    1. 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.
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    3. 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.
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    Cited by:

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    4. 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.
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