Managing network mobility with tradable credits

Transportation Research Part B: Methodological

Volumn 45, Issue 3, 2011, Pages 580-594

  Yang, Hai ^a   Wang, Xiaolei ^a  

^a HONG KONG UNIVERSITY OF SCIENCE AND TECHNOLOGY   (Hong Kong)

Author keywords

Congestion pricing; Mobility management; Networks; Tradable credits; Traffic equilibrium

Indexed keywords

COMMERCE; FLOW PATTERNS; HIGHWAY TRAFFIC CONTROL; NETWORK MANAGEMENT; NETWORKS (CIRCUITS);

CONGESTION PRICING; CREDIT DISTRIBUTIONS; MOBILITY MANAGEMENT; NETWORK MOBILITY; TRADABLE CREDITS; TRAFFIC EQUILIBRIUM; TRAFFIC EQUILIBRIUM MODEL; TRAFFIC FLOW PATTERNS;

TRAFFIC CONGESTION;

GENERAL EQUILIBRIUM ANALYSIS; MOBILITY; NETWORK ANALYSIS; ROAD PRICING; TRAFFIC CONGESTION; TRAFFIC MANAGEMENT; TRANSPORTATION DEVELOPMENT; TRAVEL BEHAVIOR;

EID: 79951508733     PISSN: 01912615     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.trb.2010.10.002     Document Type: Article

References (60)

1. Akamatsu, T., 2007. Tradable Network Permits: A New Scheme for the Most Efficient Use of Network Capacity, Working Paper, Tohoku University, Japan. http://www.plan.civil.tohoku.ac.jp/~akamatsu/Publications/PDF/TS-TNP-P1(070311).pdf.
2. Bazaraa M.S., Sherali H.D., Shetty C.M. Nonlinear Programming: Theory and Algorithms 1993, John Wiley & Sons, Inc.
3. Beckmann M.J., McGuire C.B., Winsten C.B. Studies in the Economics of Transportation 1956, Yale University Press, New Haven, CT.
4. Chin A.T., Smith P. Automobile ownership and government policy: the economics of Singapore's vehicle quota scheme. Transportation Research Part A 1997, 31(2):129-140.
5. Dales J.H. Pollution, Property, and Prices 1968, University of Toronto Press, Toronto.
6. Daganzo C.F. A Pareto optimum congestion reduction scheme. Transportation Research Part B 1995, 29(2):139-154.
7. Daganzo C.F. A Pareto improving strategy for the time-dependent morning commute problem. Transportation Science 2000, 34(3):303-311.
8. Davis L.W. The effect of driving restrictions on air quality in Mexico City. Journal of Political Economy 2008, 116(1):38-81.
9. Dial R. Minimal-revenue congestion pricing part I: a fast algorithm for the single origin case. Transportation Research Part B 1999, 33(3):189-202.
10. Dial R. Minimal-revenue congestion pricing part II: an efficient algorithm for the general case. Transportation Research Part B 2000, 34(8):645-665.
11. Frey B.S., Oberholzer-Gee F., Eichenberger R. The old lady visits your backyard: a tale of morals and markets. Journal of Political Economy 1996, 104(6):1297-1313.
12. Friesz T., Mookherjee R., Yao T. Securitizing congestion: the congestion call option. Transportation Research Part B 2008, 42(5):407-437.
13. Goddard H.C. Using tradable permits to achieve sustainability in the world's large cities: policy design issues and efficiency conditions for controlling vehicle emissions, congestion and urban decentralization with an application to Mexico City. Environmental and Resource Economics 1997, 10(1):63-99.
14. Goodwin P. Empirical evidence on induced traffic: a review and synthesis. Transportation 1996, 23(1):35-54.
15. Guo X.L., Yang H. Pareto-improving congestion pricing and revenue refunding with multiple user classes. Transportation Research Part B 2010, 44(8-9):972-982.
16. Guo X.L., Yang H. User heterogeneity and bi-criteria system optimum. Transportation Research Part B 2009, 43(4):379-390.
17. Hagstrom, J.N., Abrams, R.A., 2001. Characterizing Braess's paradox for traffic networks. In: Proceedings of the Fourth IEEE Conference on Intelligent Transportation Systems, August 25-29, 2001 Oakland, California, pp. 837-842.
18. Han D., Yang H., Wang X.L. Efficiency of the plate-number-based traffic rationing in general networks. Transportation Research Part E 2010, 46(6):1095-1110.
19. Hansen M., Huang Y. Road supply and traffic in California urban areas. Transportation Research Part A 1997, 31(3):205-218.
20. Hearn D.W., Ramana M.V. Solving congestion toll pricing models. Equilibrium and Advanced Transportation Modeling 1998, 109-124. Kluwer Academic Publishers. P. Marcotte, S. Nguyen (Eds.).
21. Hearn D.W., Yildirim M.B. A toll pricing framework for traffic assignment problem with elastic demand. Current Trends in Transportation and Network Analysis - Papers in Honor of Michael Florian 2002, 135-145. Kluwer Academic Publishers. M. Gendreau, P. Marcotte (Eds.).
22. Jara-Diaz S.R. Transport Economic Theory 2007, Elsevier, Amsterdam.
23. Kockelman K.M., Kalmanje S. Credit-based congestion pricing: a policy proposal and the public's response. Transportation Research Part A 2005, 39(7-9):671-690.
24. Larsson T., Patriksson M. Side constrained traffic equilibrium models: analysis, computation and applications. Transportation Research Part B 1999, 33(4):233-264.
25. Mathematical and Computational Models for Congestion Charging 2006, Springer, Berlin. S. Lawphongpanich, D.W. Hearn, M.J. Smith (Eds.).
26. Lawphongpanich S., Yin Y. Solving the Pareto-improving toll problem via manifold suboptimization. Transportation Research Part C 2010, 18(2):234-246.
27. Lindsey R. Do economists reach a conclusion on road pricing? The intellectual history of an idea. Economic Journal Watch 2006, 3(2):292-379.
28. Lindsey R. Reforming road user charges: a research challenge for regional science. Journal of Regional Science 2010, 50(1):471-492.
29. Liu Y., Guo X., Yang H. Pareto-improving and revenue-neutral congestion pricing schemes in bi-modal traffic networks. Netnomics 2009, 10(1):123-140.
30. Mahendra A. Vehicle restrictions in four Latin American cities: is congestion pricing possible?. Transport Review 2008, 28(1):105-133.
31. Meng Q., Xu W., Yang H. Trial-and-error procedure for implementing a road-pricing scheme. Journal of the Transportation Research Board, Transportation Research Record 2005, 1923:103-109.
32. Nagurney A., Dhanda K. A variational inequality approach for marketable pollution permits. Computational Economics 1996, 9(4):363-384.
33. Nagurney A. Marketable pollution permits in oligopolistic markets with transaction costs. Operations Research 2000, 48(3):424-435.
34. Nakamura K., Kockelman K.M. Congestion pricing and roadspace rationing: an application to the San Francisco Bay Bridge corridor. Transportation Research Part A 2002, 36(5):403-417.
35. Nie Y., Liu Y. Existence of self-financing and Pareto-improving congestion pricing: impact of value of time distribution. Transportation Research Part A 2010, 44(1):39-51.
36. Nie Y., Zhang M., Lee D.H. Models and algorithm for the traffic assignment problem with link capacity constraints. Transportation Research Part B 2004, 38(4):285-312.
37. Perrels A. User response and equity considerations regarding emission cap-and-trade schemes for travel. Energy Efficiency 2010, 3(2):149-165.
38. Pigou A.C. The Economics of Welfare 1920, MacMillan, London.
39. Raux C. The use of transferable permits in transport policy. Transportation Research Part D 2004, 9(3):185-197.
40. Raux C., Mariot G. A system of tradable CO2 permits applied to fuel consumption by motorists. Transport Policy 2005, 12(3):255-265.
41. Raux, C., 2007. Tradable Driving Rights in Urban Areas: Their Potential for Tackling Congestion and Traffic-Related Pollution, Working Paper, Laboratoire d'économie des transports - CNRS, Université de Lyon, ENTPE.
42. Robert N.S. Transaction costs and tradable permits. Journal of Environmental Economics and Management 1995, 29(2):133-148.
43. Seik F.T. A unique demand management instrument in urban transport: the vehicle quota system in Singapore. Cities 1998, 15(1):27-39.
44. Song Z., Yin Y., Lawphongpanich S. Nonnegative Pareto-improving tolls with multiclass network equilibria. Transportation Research Record 2009, 2091:70-78.
45. Transek, A.B., 2002. Road Pricing in Urban Areas. Federation of European Transport and Environment and the Swedish National Road Administration. http://www.transportpricing.net/download/swedishreport.pdf.
46. Tsekeris T., Voss S. Design and evaluation of road pricing: state-of-the-art and methodological advances. Netnomics 2009, 10(1):5-52.
47. Teodorović D., Triantis K., Edara P., Zhao Y., Mladenović S. Auction-based congestion pricing. Transportation Planning and Technology 2008, 31(4):399-416.
48. US Environmental Protection Agency Office of Transportation and Air Quality, 2006. Greenhouse Gas Emissions from the US Transportation Sector, 1990-2003. Transportation GHG Emissions Report. http://www.epa.gov/otaq/climate/basicinfo.htm.
49. Verhoef E., Nijkamp P., Rietveld P. Tradable permits: their potential in the regulation of road transport externalities. Environment and Planning B 1997, 24(4):527-548.
50. Viegas J.M. Making urban road pricing acceptable and effective: searching for quality and equity in urban mobility. Transport Policy 2001, 8(4):289-294.
51. Wang, X.L., Yang, H., Han, D., in press. Traffic rationing and short-term and long-term equilibrium. Journal of the Transportation Research Board, Transportation Research Record.
52. Xiao, F., Zhang, H.M., 2010. On a Credit-Based Congestion Pricing Scheme for Transportation Networks. Working Paper, The University of California, Davis.
53. Yang H., Bell M.G.H. Traffic restraint, road pricing and network equilibrium. Transportation Research Part B 1997, 31(4):303-314.
54. Yang H., Huang H.J. Mathematical and Economic Theory of Road Pricing 2005, Elsevier.
55. Yang H., Huang H.J. The multi-class, multi-criteria traffic network equilibrium and systems optimum problem. Transportation Research Part B 2004, 38(1):1-15.
56. Yang H., Meng Q., Lee D.H. Trial-and-error implementation of marginal-cost pricing on networks in the absence of demand functions. Transportation Research Part B 2004, 38(6):477-493.
57. Yang H., Xu W., He B.S., Meng Q. Road pricing for congestion control with unknown demand and cost functions. Transportation Research Part C 2010, 18(2):157-175.
58. Yang H., Zhang X. Multi-class network toll design problem with social and spatial equity constraints. Journal of Transportation Engineering, ASCE 2002, 128(5):420-428.
59. Yildirim M.B., Hearn D.W. A first best toll pricing framework for variable demand traffic assignment problems. Transportation Research Part B 2005, 39(8):659-678.
60. Yin Y., Lawphongpanich S. Internalizing emission externality on road networks. Transportation Research Part D 2006, 11(4):292-301.