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Economical welfare maximisation analysis: assessing the use of existing Park-and-Ride services

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  • Yusuke Kono
  • Kenetsu Uchida
  • Katia Andrade

Abstract

This paper assesses travellers’ responses to the use of existing Park-and-Ride (P&R) services based on an economical welfare maximisation approach. Specifically, the paper presents a modelling framework to estimate consumer surplus and producer surplus (business profits) on the basis of modal choice probabilities. The paper draws on evidence from Stated Preference surveys conducted around two P&R sites in Sapporo, Japan, where P&R services occupy a modest market space. Overall, the results suggest that business profit increases when economical welfare is maximised, as a consequence of increased demand. It is also shown that P&R choice is not only influenced by parking fees, but also by the fares and other attributes of alternative transportation modes. Accordingly, the interactions of P&R with alternative transportation modes should be taken into consideration in any strategic transportation policies oriented towards motivating sustainable transport mode choices. Copyright Springer Science+Business Media New York 2014

Suggested Citation

  • Yusuke Kono & Kenetsu Uchida & Katia Andrade, 2014. "Economical welfare maximisation analysis: assessing the use of existing Park-and-Ride services," Transportation, Springer, vol. 41(4), pages 839-854, July.
    • Handle: RePEc:kap:transp:v:41:y:2014:i:4:p:839-854
    DOI: 10.1007/s11116-013-9498-x
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    References listed on IDEAS

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    2. Meeghat Habibian & Ali Rezaei, 2017. "Accounting for systematic heterogeneity across car commuters in response to multiple TDM policies: case study of Tehran," Transportation, Springer, vol. 44(4), pages 681-700, July.

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