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Joint implementation of tradable credit and road pricing in public-private partnership networks considering mixed equilibrium behaviors

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  • Wang, Hua
  • Zhang, Xiaoning

Abstract

This paper investigates joint road charging schemes in a public-private partnership (PPP) network by simultaneously taking into account Cournot-Nash (CN) players and user equilibrium (UE) players. Each joint scheme comprises a tradable credit plan for public roads and a regular tolling plan for private roads. We show that, under UE-CN mixed equilibrium, there exist anonymous nonnegative joint schemes that can support a system optimum link flow pattern. By using preemptive approach, we further design three bi-objective optimization models with hybrid implementation of tradable credit and road pricing. Numerical examples demonstrate that the proposed methods are effective in managing PPP networks.

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  • Wang, Hua & Zhang, Xiaoning, 2016. "Joint implementation of tradable credit and road pricing in public-private partnership networks considering mixed equilibrium behaviors," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 94(C), pages 158-170.
    • Handle: RePEc:eee:transe:v:94:y:2016:i:c:p:158-170
    DOI: 10.1016/j.tre.2016.07.014
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    5. Hsieh, Hsu-Sheng, 2022. "Road pricing acceptability and persuasive communication effectiveness," Transport Policy, Elsevier, vol. 125(C), pages 179-191.
    6. 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).
    7. Fu, Hao & Lam, William H.K. & Shao, Hu & Kattan, Lina & Salari, Mostafa, 2022. "Optimization of multi-type traffic sensor locations for estimation of multi-period origin-destination demands with covariance effects," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 157(C).
    8. Jingfeng Yuan & Wenying Ji & Jiyue Guo & Mirosław J. Skibniewski, 2019. "Simulation-based dynamic adjustments of prices and subsidies for transportation PPP projects based on stakeholders’ satisfaction," Transportation, Springer, vol. 46(6), pages 2309-2345, December.

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