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Title: Multi-modal Transportation System Dynamics with Park-and-ride and Adaptive Pricing
Accession Number: 01628111
Record Type: Component
Abstract: This study models and manages a multi-region and multi-modal transportation system, given that travelers can adjust their mode choices from day to day, and traffic dynamics in the network revolve within day. In particular, it considers that the city network can be partitioned into two regions: the city center and the periphery.There are park-and-ride facilities located at the boundary of the city center. For travelers living in the periphery, they can either drive to the city center, or take public transit, or drive to the park-and-ride facilities and then transfer to public transit.For travelers living in the city center, they can either drive or take public transit. Travelers can“learn” from their experience, as well as information about traffic conditions, thus will adjust their choices. It follows that the dynamic traffic pattern (within day) in the city network will evolve over (calendar) time (day to day).To improve traffic efficiency in the network, the authors propose to update parking pricing (or congestion pricing) from period-to-period (e.g., one period can be one month), which is adaptive to system state. The proposed approach is practical and suitable for implementation in large-scale networks, and can help to reduce total social cost effectively.
Supplemental Notes: This paper was sponsored by TRB committee AHB45 Standing Committee on Traffic Flow Theory and Characteristics.
Monograph Title: Monograph Accession #: 01618707
Report/Paper Numbers: 17-01528
Language: English
Corporate Authors: Transportation Research Board 500 Fifth Street, NW Authors: Liu, WeiGeroliminis, NikolasPagination: 18p
Publication Date: 2017
Conference:
Transportation Research Board 96th Annual Meeting
Location:
Washington DC, United States Media Type: Digital/other
Features: Figures; References; Tables
TRT Terms: Subject Areas: Finance; Highways; Operations and Traffic Management
Source Data: Transportation Research Board Annual Meeting 2017 Paper #17-01528
Files: TRIS, TRB, ATRI
Created Date: Dec 8 2016 10:30AM
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