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Title: Rationing and Pricing Strategies for Congestion Mitigation Under Heterogeneous Users and Vehicle Types
Accession Number: 01516469
Record Type: Component
Availability: Transportation Research Board Business Office 500 Fifth Street, NW Abstract: This paper extends previous research on rationing and pricing policies analysis models by explicitly modeling the role of public transit. The model follows the indirect utility approach and adopts a linear form for the demand function. This effort differs this paper from an early effort of the authors, and allows policy makers to estimate the market share of different modes and the choice of different vehicles among drivers. Therefore, it allows the consideration of differentiated rationing and pricing strategies towards different user groups. By combining individual vehicle ownership and usage models with a network supply model, market equilibria can be derived. Welfare impact of different policies can be assessed through investigation of compensating variation under different policies. This paper provides a powerful tool to support the welfare analysis of various rationing and pricing strategies for congestion mitigation in mega-cities.
Supplemental Notes: This paper was sponsored by TRB committee ABE20 Transportation Economics.
Monograph Title: Monograph Accession #: 01503729
Report/Paper Numbers: 14-5335
Language: English
Corporate Authors: Transportation Research Board 500 Fifth Street, NW Authors: Zhu, ShanjiangDu, LonguyuanLi, MengZhang, LeiPagination: 15p
Publication Date: 2014
Conference:
Transportation Research Board 93rd Annual Meeting
Location:
Washington DC Media Type: Digital/other
Features: Figures; References
TRT Terms: Subject Areas: Economics; Finance; Highways; Public Transportation; I10: Economics and Administration
Source Data: Transportation Research Board Annual Meeting 2014 Paper #14-5335
Files: TRIS, TRB, ATRI
Created Date: Jan 27 2014 3:52PM
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