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Equilibrium and Modal Split in a Competitive Highway/Transit System Under Different Road-use Pricing Strategies

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  • Wen-Xiang Wu
  • Hai-Jun Huang

Abstract

Considering body congestion in carriage and vehicle congestion in bottleneck queues in a competitive highway/transit system, we investigate the departure patterns of commuters through analysing the equilibria under three road-use pricing strategies. Each strategy is the combination of a time-varying toll and a flat toll. We find that the flat toll for minimising total social cost is negative and financial subsidy is needed to encourage some commuters to leave home earlier or later. A positive flat toll, for maximising the highway owner's profit, leads to shortening and extension of the departure time intervals using auto and transit modes, respectively. © 2014 LSE and the University of Bath

Suggested Citation

  • Wen-Xiang Wu & Hai-Jun Huang, 2014. "Equilibrium and Modal Split in a Competitive Highway/Transit System Under Different Road-use Pricing Strategies," Journal of Transport Economics and Policy, University of Bath, vol. 48(1), pages 153-169, January.
  • Handle: RePEc:tpe:jtecpo:v:48:y:2014:i:1:p:153-169
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    Cited by:

    1. Xu, Shu-Xian & Liu, Ronghui & Liu, Tian-Liang & Huang, Hai-Jun, 2018. "Pareto-improving policies for an idealized two-zone city served by two congestible modes," Transportation Research Part B: Methodological, Elsevier, vol. 117(PB), pages 876-891.
    2. Guo, Ren-Yong & Szeto, W.Y. & Long, Jiancheng, 2020. "Trial-and-error operation schemes for bimodal transport systems," Transportation Research Part B: Methodological, Elsevier, vol. 131(C), pages 106-123.
    3. Li, Zhi-Chun & Zhang, Liping, 2020. "The two-mode problem with bottleneck queuing and transit crowding: How should congestion be priced using tolls and fares?," Transportation Research Part B: Methodological, Elsevier, vol. 138(C), pages 46-76.
    4. Wang, Wei (Walker) & Wang, David Z.W. & Zhang, Fangni & Sun, Huijun & Zhang, Wenyi & Wu, Jianjun, 2017. "Overcoming the Downs-Thomson Paradox by transit subsidy policies," Transportation Research Part A: Policy and Practice, Elsevier, vol. 95(C), pages 126-147.
    5. Chang, Ching-Ter & Chung, Cheng-Kung & Sheu, Jiuh-Biing & Zhuang, Zheng-Yun & Chen, Huang-Mu, 2014. "The optimal dual-pricing policy of mall parking service," Transportation Research Part A: Policy and Practice, Elsevier, vol. 70(C), pages 223-243.
    6. Vincent van den Berg & Erik T. Verhoef, 2011. "Congesting Pricing in a Road and Rail Network with Heterogeneous Values of Time and Schedule Delay," Tinbergen Institute Discussion Papers 11-059/3, Tinbergen Institute, revised 24 May 2012.
    7. Wang, Jing & Zhang, Xiaoning & Wang, Hua & Zhang, Michael, 2019. "Optimal parking supply in bi-modal transportation network considering transit scale economies," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 130(C), pages 207-229.
    8. Liu, Peng & Liu, Jielun & Ong, Ghim Ping & Tian, Qiong, 2020. "Flow pattern and optimal capacity in a bi-modal traffic corridor with heterogeneous users," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 133(C).
    9. Li, Zhi-Chun & Huang, Hai-Jun & Yang, Hai, 2020. "Fifty years of the bottleneck model: A bibliometric review and future research directions," Transportation Research Part B: Methodological, Elsevier, vol. 139(C), pages 311-342.
    10. Guo, Ren-Yong & Szeto, W.Y., 2018. "Day-to-day modal choice with a Pareto improvement or zero-sum revenue scheme," Transportation Research Part B: Methodological, Elsevier, vol. 110(C), pages 1-25.

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