Traffic rationing and pricing in a linear monocentric city

Wei Liu, Hai Yang, Yafeng Yin

Research output: Journal article publicationJournal articleAcademic researchpeer-review

25 Citations (Scopus)

Abstract

This paper presents a simple spatial equilibrium model for a linear monocentric city to investigate the effects of rationing and pricing on morning commuters' travel cost and modal choice behavior in each location. Under rationing and pricing, every day in the morning peak hour, each commuter is classified as either "free" or "rationed". "Free" commuters are allowed to use the highway without paying the toll, whereas "rationed" commuters can avoid the toll only if they travel by transit. Each day, a fraction of commuters are rationed in their free use of the highway, and the rationing fractions are determined systematically so that everyone is equally rationed in a given period. It is found that Pareto-improving rationing and pricing scheme might be obtained as a combination of the rationing degree and the toll associated with rationing. Extension to the rationing and pricing scheme with cordon and park-and-ride service has been made. Cordon and park-and-ride might help in improving the efficiency of rationing and pricing strategy although remains its Pareto-improving property.

Original languageEnglish
Pages (from-to)655-672
Number of pages18
JournalJournal of Advanced Transportation
Volume48
Issue number6
DOIs
Publication statusPublished - 1 Oct 2014
Externally publishedYes

Keywords

  • cordon
  • modal choice
  • Pareto-improving
  • park-and-ride
  • rationing and pricing

ASJC Scopus subject areas

  • Automotive Engineering
  • Economics and Econometrics
  • Mechanical Engineering
  • Computer Science Applications
  • Strategy and Management

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