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Consider a city with several facilities competing for multi-class users that are distributed continuously over space. Within the city region, the road network is relatively dense and is considered as a continuum. A user equilibrium condition results when users freely make their choice of...
Persistent link: https://www.econbiz.de/10005279666
A predictive continuum dynamic user-optimal (PDUO-C) model is formulated in this study to investigate the dynamic characteristics of traffic flow and the corresponding route-choice behavior of travelers within a region with a dense urban road network. The modeled region is arbitrary in shape...
Persistent link: https://www.econbiz.de/10008868446
Under the current taxi licensing system in Hong Kong, holders of taxi licenses are given perpetual operating right in the taxi business. Since 1995, the government has not issued any new taxi licenses. Against this background, the freely traded taxi licenses are often held as an investment...
Persistent link: https://www.econbiz.de/10013124735
Honoring David Boyce for his legendary contributions to the fields of transportation modeling and regional science, the chapters in this festschrift highlight and analyze state-of-the-art and state-of-the-practice methodologies and theories in transportation modeling, regional and urban planning.
Persistent link: https://www.econbiz.de/10011159513
Persistent link: https://www.econbiz.de/10006454376
This paper examines the effects of nonlinear fare structures in taxi markets using an extended taxi model with an explicit consideration of perceived profitability. The expected profit, defined as the profit per unit time (inclusive of both occupied and vacant taxi times), that a taxi driver...
Persistent link: https://www.econbiz.de/10008488318
This paper extends the model of urban taxi services in congested networks to the case of multiple user classes, multiple taxi modes, and customer hierarchical modal choice. There are several classes of customers with different values of time and money, and several modes of taxi services with...
Persistent link: https://www.econbiz.de/10005228191
In most large cities, the taxi industry is subject to various types of regulation, such as entry restrictions and price controls, and economists have examined the economic consequences of such regulation extensively. Unfortunately, in conventional economic analyses of competition and regulation...
Persistent link: https://www.econbiz.de/10005236075
This paper proposes an equilibrium model to characterize the bilateral searching and meeting between customers and taxis on road networks. A taxi driver searches or waits for a customer by considering both the expected searching or waiting time cost and ride revenue, and a customer seeks a taxi...
Persistent link: https://www.econbiz.de/10008868392
In this paper, we propose a new schedule-based equilibrium transit assignment model that differentiates the discomfort level experienced by sitting and standing passengers. The notion of seat allocation has not been considered explicitly and analytically in previous schedule-based frameworks....
Persistent link: https://www.econbiz.de/10010574800