Impact of congestion charging on the transit market: An inter-modal equilibrium model

An inter-modal equilibrium model links an urban road network subject to a congestion charge to a parallel urban transit market, with a view to finding the optimum congestion charge consistent with the commercial decisions of the transit operator(s). A congestion charge is set to maximise social surplus. Travel behaviour is assumed to conform to elastic-demand user equilibrium traffic assignment. The transit market is assumed to be either a profit maximising monopoly or a profit maximising duopoly competing non-cooperatively. The operator(s) set the fares to maximise profits and the supply of transit services are determined by the resulting demand. The problem has been formulated as a bi-level programme with the determination of the congestion charge on the upper level and the setting of transit fares on the lower level. In the case of non-cooperating operators, the Bertrand-Nash equilibrium fares are sought. The results of the model are analysed for a small example based loosely on Edinburgh. This reveals the importance of competition in the transit market for the trade off between the government, the transit provider(s) and the travellers.

• Record URL:
  http://www.sciencedirect.com/science/article/B6VG7-4MR1P3T-1/2/4b65194cf34265972706e54cf9d3a5f7
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/09658564
• Supplemental Notes:
  • Abstract reprinted with permission from Elsevier.
• Authors:
  • Wichiensin, Muanmas
  • Bell, Michael G.H.
  • Yang, Hai
• Publication Date: 2007-8

Language

• English

Media Info

• Media Type: Print
• Features: Figures; References;
• Pagination: pp. 703-713
• Serial:
  • Transportation Research Part A: Policy and Practice
  • Volume: 41
  • Issue Number: 7
  • Publisher: Elsevier
  • ISSN: 0965-8564
  • Serial URL: http://www.sciencedirect.com/science/journal/09658564

Subject/Index Terms

• TRT Terms: Competition; Congestion pricing; Equilibrium (Systems); Governments; Intermodal transportation; Markets; Mathematical models; Public transit; Traffic congestion; Transit operating agencies; Travelers; Urban transit
• Uncontrolled Terms: Inconsistency; Profit maximization; Road networks; Supply and demand; Transit users; Urban networks
• Geographic Terms: Edinburgh (Scotland)
• Subject Areas: Highways; Planning and Forecasting; Public Transportation; Society; I21: Planning of Transport Infrastructure; I72: Traffic and Transport Planning;

Filing Info

• Accession Number: 01051724
• Record Type: Publication
• Files: TRIS, ATRI
• Created Date: Jun 6 2007 10:02AM