Showing 1 - 4 of 4
Every morning, commuters either use their private cars or select the regularly dispatched buses for traveling from a residential area to a workplace on a bottleneck-constrained highway. With the mode split governed by a logit-based formula, the classical bottleneck model and a newly proposed...
Persistent link: https://www.econbiz.de/10009202325
This paper deals with pricing and modal split in a competitive mass transit/highway system with heterogeneous commuters. Two groups of commuters that differ in their disutility from travel time, schedule delay and transit crowding, select the transit or auto mode for traveling from a residential...
Persistent link: https://www.econbiz.de/10009202367
This paper examines the efficiency of a tradable travel credit scheme for managing bottleneck congestion and modal split in a competitive highway/transit network with continuous heterogeneity in the individuals’ value of time. Each user is initially endowed with a certain amount of travel...
Persistent link: https://www.econbiz.de/10010754995
This paper studies the existence and efficiency of oligopoly equilibrium under simultaneous toll and capacity competition in a parallel-link network subject to congestion. We establish sufficient conditions for the existence of a pure-strategy oligopoly equilibrium and then derive upper bounds...
Persistent link: https://www.econbiz.de/10010755002