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Bi-criteria system optimum with fixed demand and continuously distributed value of time

  • Xin Wang*
  • , Hai Jun Huang
  • , Li Jun Tian
  • *Corresponding author for this work
  • Beihang University
  • Beijing Information Science & Technology University
  • Fuzhou University

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

For travelers with continuously distributed value of time (VOT) in a general transportation network, the user equilibrium (UE) model and system optimization (SO) model can be depicted either in time units or cost units. Under the condition of road pricing, the equivalent conditions between the UE flow pattern and the SO flow pattern are given. Furthermore, we adopt a bi-objective minimization model with fixed travel demand, and identify the Pareto optimal frontier. Because users with different VOTs are observationally indistinguishable and differential tolls on links are difficult to implement in reality, we investigate a pricing scheme with anonymous link tolls to decentralize a Pareto system optimum into user equilibrium.

Original languageEnglish
Title of host publicationCICTP 2012
Subtitle of host publicationMultimodal Transportation Systems - Convenient, Safe, Cost-Effective, Efficient - Proceedings of the 12th COTA International Conference of Transportation Professionals
Pages90-98
Number of pages9
DOIs
StatePublished - 2012
Event12th COTA International Conference of Transportation Professionals: Multimodal Transportation Systems - Convenient, Safe, Cost-Effective, Efficient, CICTP 2012 - Beijing, China
Duration: 3 Aug 20126 Aug 2012

Publication series

NameCICTP 2012: Multimodal Transportation Systems - Convenient, Safe, Cost-Effective, Efficient - Proceedings of the 12th COTA International Conference of Transportation Professionals

Conference

Conference12th COTA International Conference of Transportation Professionals: Multimodal Transportation Systems - Convenient, Safe, Cost-Effective, Efficient, CICTP 2012
Country/TerritoryChina
CityBeijing
Period3/08/126/08/12

Keywords

  • Pareto optimum
  • bi-criteria
  • fixed demand
  • user equilibrium
  • value of time

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