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Tradable OD-based travel permits for bi-modal traffic management with heterogeneous users

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  • Wang, Jing-Peng
  • Liu, Tian-Liang
  • Huang, Hai-Jun

Abstract

A tradable origin-destination (OD) based travel permits scheme is proposed to manage mobility in a bi-modal transportation network with heterogeneous users in value of time. The travel permits are OD-specific, initially allocated to eligible users by city authority, and then traded in a free market. The optimal permits supply is determined by solving a bi-level programming problem for minimizing the system’s total cost. The market-clear conditions are formulated as a complementary problem, which in turn guarantees the modal split equilibrium. Extensions are made to the OD-independent permits, flexible car owning and heterogeneous transit crowding cases.

Suggested Citation

  • Wang, Jing-Peng & Liu, Tian-Liang & Huang, Hai-Jun, 2018. "Tradable OD-based travel permits for bi-modal traffic management with heterogeneous users," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 118(C), pages 589-605.
    • Handle: RePEc:eee:transe:v:118:y:2018:i:c:p:589-605
    DOI: 10.1016/j.tre.2018.08.015
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    References listed on IDEAS

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    3. Zhang, Fang & Lu, Jian & Hu, Xiaojian & Fan, Ruochuan & Chen, Junlan, 2022. "Managing bottleneck congestion with tradable credit scheme under demand uncertainty," Research in Transportation Economics, Elsevier, vol. 95(C).
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    5. Ding, Hongxing & Yang, Hai & Xu, Hongli & Li, Ting, 2023. "Status quo-dependent user equilibrium model with adaptive value of time," Transportation Research Part B: Methodological, Elsevier, vol. 170(C), pages 77-90.

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