IDEAS home Printed from https://ideas.repec.org/a/gam/jijerp/v18y2021i3p1197-d489268.html
   My bibliography  Save this article

A Ridesharing Choice Behavioral Equilibrium Model with Users of Heterogeneous Values of Time

Author

Listed:
  • Xingyuan Li

    (School of Business, East China University of Science and Technology, Shanghai 200237, China)

  • Jing Bai

    (School of Economics and Management, Yanshan University, Qinhuangdao 066004, China)

Abstract

Travelers decide whether to participate in ridesharing based on the trade-off between the travel time and the expense. However, it is still unclear how travelers’ values of time affect their ridesharing behaviors on the congested network. To this end, a path-based ridesharing traffic assignment model was proposed by considering travelers’ heterogenous values of time. In the proposed model, travelers are divided into several classes according to their values of time, and travelers in each class choose their travel modes and routes simultaneously which cost the least. Moreover, travelers in different classes could share the same vehicle to complete their trips together in the proposed model. This paper further discusses how the high-occupancy toll lane affects travelers’ ridesharing behaviors. Numerical results show that: (1) travelers with different values of time show differences in their ridesharing behavior; (2) the single-class ridesharing traffic assignment model may miscalculate the ridesharing scale of users; and (3) building high-occupancy toll lanes plays a positive role in promoting ridesharing for travelers with heterogeneous values of time.

Suggested Citation

  • Xingyuan Li & Jing Bai, 2021. "A Ridesharing Choice Behavioral Equilibrium Model with Users of Heterogeneous Values of Time," IJERPH, MDPI, vol. 18(3), pages 1-22, January.
    • Handle: RePEc:gam:jijerp:v:18:y:2021:i:3:p:1197-:d:489268
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1660-4601/18/3/1197/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/1660-4601/18/3/1197/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Carrion, Carlos & Levinson, David, 2012. "Value of travel time reliability: A review of current evidence," Transportation Research Part A: Policy and Practice, Elsevier, vol. 46(4), pages 720-741.
    2. Li, Yuanyuan & Liu, Yang & Xie, Jun, 2020. "A path-based equilibrium model for ridesharing matching," Transportation Research Part B: Methodological, Elsevier, vol. 138(C), pages 373-405.
    3. Senlai Zhu & Jie Ma & Tianpei Tang & Quan Shi, 2020. "A Combined Modal and Route Choice Behavioral Complementarity Equilibrium Model with Users of Vehicles and Electric Bicycles," IJERPH, MDPI, vol. 17(10), pages 1-18, May.
    4. Arnott, Richard & Kraus, Marvin, 1998. "When are anonymous congestion charges consistent with marginal cost pricing?," Journal of Public Economics, Elsevier, vol. 67(1), pages 45-64, January.
    5. Catherine Morency, 2007. "The ambivalence of ridesharing," Transportation, Springer, vol. 34(2), pages 239-253, March.
    6. Amirmahdi Tafreshian & Neda Masoud & Yafeng Yin, 2020. "Frontiers in Service Science: Ride Matching for Peer-to-Peer Ride Sharing: A Review and Future Directions," Service Science, INFORMS, vol. 12(2-3), pages 44-60, June.
    7. Terry A. Taylor, 2018. "On-Demand Service Platforms," Manufacturing & Service Operations Management, INFORMS, vol. 20(4), pages 704-720, October.
    8. Rich, Jeppe & Vandet, Christian Anker, 2019. "Is the value of travel time savings increasing? Analysis throughout a financial crisis," Transportation Research Part A: Policy and Practice, Elsevier, vol. 124(C), pages 145-168.
    9. Long, Jiancheng & Tan, Weimin & Szeto, W.Y. & Li, Yao, 2018. "Ride-sharing with travel time uncertainty," Transportation Research Part B: Methodological, Elsevier, vol. 118(C), pages 143-171.
    10. Oren Bahat & Shlomo Bekhor, 2016. "Incorporating Ridesharing in the Static Traffic Assignment Model," Networks and Spatial Economics, Springer, vol. 16(4), pages 1125-1149, December.
    11. Di, Xuan & Ban, Xuegang Jeff, 2019. "A unified equilibrium framework of new shared mobility systems," Transportation Research Part B: Methodological, Elsevier, vol. 129(C), pages 50-78.
    12. Larsson, Torbjörn & Patriksson, Michael, 1999. "Side constrained traffic equilibrium models-- analysis, computation and applications," Transportation Research Part B: Methodological, Elsevier, vol. 33(4), pages 233-264, May.
    13. Kostas Bimpikis & Ozan Candogan & Daniela Saban, 2019. "Spatial Pricing in Ride-Sharing Networks," Operations Research, INFORMS, vol. 67(3), pages 744-769, May.
    14. Fosgerau, Mogens, 2006. "Investigating the distribution of the value of travel time savings," Transportation Research Part B: Methodological, Elsevier, vol. 40(8), pages 688-707, September.
    15. Stiglic, Mitja & Agatz, Niels & Savelsbergh, Martin & Gradisar, Mirko, 2016. "Making dynamic ride-sharing work: The impact of driver and rider flexibility," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 91(C), pages 190-207.
    16. Agatz, Niels A.H. & Erera, Alan L. & Savelsbergh, Martin W.P. & Wang, Xing, 2011. "Dynamic ride-sharing: A simulation study in metro Atlanta," Transportation Research Part B: Methodological, Elsevier, vol. 45(9), pages 1450-1464.
    17. Saif Benjaafar & Guangwen Kong & Xiang Li & Costas Courcoubetis, 2019. "Peer-to-Peer Product Sharing: Implications for Ownership, Usage, and Social Welfare in the Sharing Economy," Management Science, INFORMS, vol. 65(2), pages 477-493, February.
    18. Small, Kenneth A., 2012. "Valuation of travel time," Economics of Transportation, Elsevier, vol. 1(1), pages 2-14.
    19. Li, Zheng & Hensher, David A., 2012. "Estimating values of travel time savings for toll roads: Avoiding a common error," Transport Policy, Elsevier, vol. 24(C), pages 60-66.
    20. van den Berg, Vincent & Verhoef, Erik T., 2011. "Congestion tolling in the bottleneck model with heterogeneous values of time," Transportation Research Part B: Methodological, Elsevier, vol. 45(1), pages 60-78, January.
    21. Yang, Hai & Meng, Qiang, 2001. "Modeling user adoption of advanced traveler information systems: dynamic evolution and stationary equilibrium," Transportation Research Part A: Policy and Practice, Elsevier, vol. 35(10), pages 895-912, December.
    22. Luo, Xiao & Dong, Liang & Dou, Yi & Li, Yan & Liu, Kai & Ren, Jingzheng & Liang, Hanwei & Mai, Xianmin, 2017. "Factor decomposition analysis and causal mechanism investigation on urban transport CO2 emissions: Comparative study on Shanghai and Tokyo," Energy Policy, Elsevier, vol. 107(C), pages 658-668.
    23. Di, Xuan & Ma, Rui & Liu, Henry X. & Ban, Xuegang (Jeff), 2018. "A link-node reformulation of ridesharing user equilibrium with network design," Transportation Research Part B: Methodological, Elsevier, vol. 112(C), pages 230-255.
    24. Huang, Hai-Jun & Li, Zhi-Chun, 2007. "A multiclass, multicriteria logit-based traffic equilibrium assignment model under ATIS," European Journal of Operational Research, Elsevier, vol. 176(3), pages 1464-1477, February.
    25. Yang, Hai & Huang, Hai-Jun, 1999. "Carpooling and congestion pricing in a multilane highway with high-occupancy-vehicle lanes," Transportation Research Part A: Policy and Practice, Elsevier, vol. 33(2), pages 139-155, February.
    26. Zixuan Peng & Wenxuan Shan & Peng Jia & Bin Yu & Yonglei Jiang & Baozhen Yao, 2020. "Stable ride-sharing matching for the commuters with payment design," Transportation, Springer, vol. 47(1), pages 1-21, February.
    27. Ma, Jie & Xu, Min & Meng, Qiang & Cheng, Lin, 2020. "Ridesharing user equilibrium problem under OD-based surge pricing strategy," Transportation Research Part B: Methodological, Elsevier, vol. 134(C), pages 1-24.
    28. Yang, Hai & Huang, Hai-Jun, 2004. "The multi-class, multi-criteria traffic network equilibrium and systems optimum problem," Transportation Research Part B: Methodological, Elsevier, vol. 38(1), pages 1-15, January.
    29. Erik T. Verhoef & Kenneth A. Small, 2004. "Product Differentiation on Roads," Journal of Transport Economics and Policy, University of Bath, vol. 38(1), pages 127-156, January.
    30. Masoud, Neda & Jayakrishnan, R., 2017. "A real-time algorithm to solve the peer-to-peer ride-matching problem in a flexible ridesharing system," Transportation Research Part B: Methodological, Elsevier, vol. 106(C), pages 218-236.
    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. Ke, Jintao & Yang, Hai & Li, Xinwei & Wang, Hai & Ye, Jieping, 2020. "Pricing and equilibrium in on-demand ride-pooling markets," Transportation Research Part B: Methodological, Elsevier, vol. 139(C), pages 411-431.
    2. Rui Yao & Shlomo Bekhor, 2023. "A general equilibrium model for multi-passenger ridesharing systems with stable matching," Papers 2303.16595, arXiv.org, revised Dec 2023.
    3. Yao, Rui & Bekhor, Shlomo, 2023. "A general equilibrium model for multi-passenger ridesharing systems with stable matching," Transportation Research Part B: Methodological, Elsevier, vol. 175(C).
    4. Koster, Paul & Verhoef, Erik & Shepherd, Simon & Watling, David, 2018. "Preference heterogeneity and congestion pricing: The two route case revisited," Transportation Research Part B: Methodological, Elsevier, vol. 117(PA), pages 137-157.
    5. Meng Li & Guowei Hua & Haijun Huang, 2018. "A Multi-Modal Route Choice Model with Ridesharing and Public Transit," Sustainability, MDPI, vol. 10(11), pages 1-14, November.
    6. Li, Tongfei & Xu, Min & Sun, Huijun & Xiong, Jie & Dou, Xueping, 2023. "Stochastic ridesharing equilibrium problem with compensation optimization," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 170(C).
    7. Wang, Jing-Peng & Ban, Xuegang (Jeff) & Huang, Hai-Jun, 2019. "Dynamic ridesharing with variable-ratio charging-compensation scheme for morning commute," Transportation Research Part B: Methodological, Elsevier, vol. 122(C), pages 390-415.
    8. Paul Koster & Erik T. Verhoef & Simon Shepherd & David Watling, 2014. "Probabilistic Choice and Congestion Pricing with Heterogeneous Travellers and Price-Sensitive Demand," Tinbergen Institute Discussion Papers 14-078/VIII, Tinbergen Institute, revised 13 Nov 2014.
    9. Noruzoliaee, Mohamadhossein & Zou, Bo, 2022. "One-to-many matching and section-based formulation of autonomous ridesharing equilibrium," Transportation Research Part B: Methodological, Elsevier, vol. 155(C), pages 72-100.
    10. Sun, S. & Szeto, W.Y., 2021. "Multi-class stochastic user equilibrium assignment model with ridesharing: Formulation and policy implications," Transportation Research Part A: Policy and Practice, Elsevier, vol. 145(C), pages 203-227.
    11. Yi Cao & Shan Wang & Jinyang Li, 2021. "The Optimization Model of Ride-Sharing Route for Ride Hailing Considering Both System Optimization and User Fairness," Sustainability, MDPI, vol. 13(2), pages 1-17, January.
    12. Tafreshian, Amirmahdi & Masoud, Neda, 2022. "A truthful subsidy scheme for a peer-to-peer ridesharing market with incomplete information," Transportation Research Part B: Methodological, Elsevier, vol. 162(C), pages 130-161.
    13. Peng, Zixuan & Shan, Wenxuan & Zhu, Xiaoning & Yu, Bin, 2022. "Many-to-one stable matching for taxi-sharing service with selfish players," Transportation Research Part A: Policy and Practice, Elsevier, vol. 160(C), pages 255-279.
    14. Yu, Xiaojuan & van den Berg, Vincent A.C. & Verhoef, Erik T., 2019. "Carpooling with heterogeneous users in the bottleneck model," Transportation Research Part B: Methodological, Elsevier, vol. 127(C), pages 178-200.
    15. Amirmahdi Tafreshian & Neda Masoud & Yafeng Yin, 2020. "Frontiers in Service Science: Ride Matching for Peer-to-Peer Ride Sharing: A Review and Future Directions," Service Science, INFORMS, vol. 12(2-3), pages 44-60, June.
    16. Ke, Jintao & Yang, Hai & Zheng, Zhengfei, 2020. "On ride-pooling and traffic congestion," Transportation Research Part B: Methodological, Elsevier, vol. 142(C), pages 213-231.
    17. Ruijie Li & Yu (Marco) Nie & Xiaobo Liu, 2020. "Pricing Carpool Rides Based on Schedule Displacement," Transportation Science, INFORMS, vol. 54(4), pages 1134-1152, July.
    18. Yao, Jia & Cheng, Zhanhong & Shi, Feng & An, Shi & Wang, Jian, 2018. "Evaluation of exclusive bus lanes in a tri-modal road network incorporating carpooling behavior," Transport Policy, Elsevier, vol. 68(C), pages 130-141.
    19. Li, Yuanyuan & Liu, Yang & Xie, Jun, 2020. "A path-based equilibrium model for ridesharing matching," Transportation Research Part B: Methodological, Elsevier, vol. 138(C), pages 373-405.
    20. Long, Jiancheng & Tan, Weimin & Szeto, W.Y. & Li, Yao, 2018. "Ride-sharing with travel time uncertainty," Transportation Research Part B: Methodological, Elsevier, vol. 118(C), pages 143-171.

    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:gam:jijerp:v:18:y:2021:i:3:p:1197-:d:489268. 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: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    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.