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Related papers: Market Design for Tradable Mobility Credits

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This study investigates the efficiency and effectiveness of an area-based tradable credit scheme (TCS) using the trip-based Macroscopic Fundamental Diagram model for the morning commute problem. In the proposed TCS, the regulator…

Computer Science and Game Theory · Computer Science 2022-06-06 Renming Liu , Siyu Chen , Yu Jiang , Ravi Seshadri , Moshe E. Ben-Akiva , Carlos Lima Azevedo

Tradable credit schemes (TCS) have been attracting interest from the transportation research community as an appealing alternative to congestion pricing, due to the advantages of revenue neutrality and equity. Nonetheless, existing research…

Computer Science and Game Theory · Computer Science 2025-02-18 Renming Liu , Dimitrios Argyros , Yu Jiang , Moshe E. Ben-Akiva , Ravi Seshadri , Carlos Lima Azevedo

The literature about tradable credit schemes (TCS) as a demand management system alleviating congestion flourished in the past decade. Most proposed formulations are based on static models and thus do not account for the congestion…

General Economics · Economics 2022-04-13 Louis Balzer , Ludovic Leclercq

Tradable Credit Schemes (TCS) promote the use of public and shared transport by capping private car usage while maintaining fair welfare outcomes by allowing credit trading. However, most existing studies assume unlimited public transit…

Systems and Control · Electrical Eng. & Systems 2025-12-15 Zenghao Hou , Ludovic Leclercq

Congestion pricing has become an effective instrument for traffic demand management on road networks. This paper proposes an optimal control approach for congestion pricing for day-to-day timescale that incorporates demand uncertainty and…

Systems and Control · Computer Science 2019-07-23 Hemant Gehlot , Harsha Honnappa , Satish V. Ukkusuri

A wide range of price-based congestion management schemes were proposed in the literature ranging from marginal cost road pricing to trip based multimodal pricing. The underlying models were formulated under different theoretical…

Systems and Control · Electrical Eng. & Systems 2022-07-26 Ennio Cascetta , Marcello Montanino

This paper proposes a dynamic congestion pricing model that takes into account mobile source emissions. We consider a tollable vehicular network where the users selfishly minimize their own travel costs, including travel time, early/late…

Optimization and Control · Mathematics 2013-04-30 Ke Han , Terry L. Friesz , Hongcheng Liu , Tao Yao

In recent years, we have witnessed a remarkable surge of usage in shared vehicles in our cities. Shared mobility offers a future of no congestion in busy city roads with increasing populations of travelers, passengers, and drivers. Given…

Systems and Control · Electrical Eng. & Systems 2022-03-15 Ioannis Vasileios Chremos , Andreas Malikopoulos

We propose a generalized market equilibrium model using assignment game criteria for evaluating transportation systems that consist of both operators' and users' decisions. The model finds stable pricing, in terms of generalized costs, and…

Computational Engineering, Finance, and Science · Computer Science 2020-08-14 Saeid Rasulkhani , Joseph Y. J. Chow

Credit-based congestion pricing (CBCP) has emerged as a mechanism to alleviate the social inequity concerns of road congestion pricing - a promising strategy for traffic congestion mitigation - by providing low-income users with travel…

Computer Science and Game Theory · Computer Science 2022-10-31 Devansh Jalota , Jessica Lazarus , Alexandre Bayen , Marco Pavone

The performance of multimodal mobility systems relies on the seamless integration of conventional mass transit services and the advent of Mobility-on-Demand (MoD) services. Prior work is limited to individually improving various transport…

Computational Engineering, Finance, and Science · Computer Science 2021-05-24 Qi Luo , Samitha Samaranayake , Siddhartha Banerjee

In the governance of the shared mobility market of a city or of a metropolitan area, there are two conflicting principles: 1) the healthy competition between multiple platforms, such as between Uber and Lyft in the United States, and 2)…

Optimization and Control · Mathematics 2024-10-29 Xiaotong Guo , Ao Qu , Hongmou Zhang , Peyman Noursalehi , Jinhua Zhao

This paper proposes a non-monetary traffic demand management scheme, named CARMA, as a fair solution to the morning commute congestion. We consider heterogeneous commuters traveling through a single bottleneck that differ in both the…

Systems and Control · Electrical Eng. & Systems 2023-09-19 Ezzat Elokda , Carlo Cenedese , Kenan Zhang , Andrea Censi , John Lygeros , Emilio Frazzoli , Florian Dörfler

The concept of transportation demand management (TDM) upholds the development of sustainable mobility through the triumph of optimally balanced transport modal share in cities. The modal split management directly reflects on TDM of each…

General Economics · Economics 2023-10-09 Janak Parmar , Gulnazbanu Saiyed , Sanjaykumar Dave

Urban transportation networks are vital for the efficient movement of people and goods, necessitating effective traffic management and planning. An integral part of traffic management is understanding the turning movement counts (TMCs) at…

Machine Learning · Computer Science 2024-12-16 Xiaobo Ma , Hyunsoo Noh , Ryan Hatch , James Tokishi , Zepu Wang

On-demand mobility sharing, provided by one or several transportation network companies (TNCs), is realized by real-time optimization algorithms to connect trips among tens of thousands of drivers and fellow passengers. In a market of…

Social and Information Networks · Computer Science 2022-04-06 Hongmou Zhang , Xiaotong Guo , Jinhua Zhao

The Transmission Control Protocol (TCP) utilizes congestion avoidance and control mechanisms as a preventive measure against congestive collapse and as an adaptive measure in the presence of changing network conditions. The set of available…

Networking and Internet Architecture · Computer Science 2022-04-27 Gayane Vardoyan , C. V. Hollot , Don Towsley

Informal and privatized transit services, such as minibuses and shared auto-rickshaws, are integral to daily travel in large urban metropolises, providing affordable commutes where a formal public transport system is inadequate and other…

Computer Science and Game Theory · Computer Science 2026-03-10 Devansh Jalota , Matthew Tsao

We consider the problem of optimizing the economic performance of nonlinear constrained systems subject to uncertain time-varying parameters and bounded disturbances. In particular, we propose an adaptive economic model predictive control…

Systems and Control · Electrical Eng. & Systems 2026-01-16 Maximilian Degner , Raffaele Soloperto , Melanie N. Zeilinger , John Lygeros , Johannes Köhler

Tolling in traffic networks offers a popular measure to minimize overall congestion. Existing toll designs primarily focus on congestion in route-based traffic assignment models (TAMs), in which travelers make a single route selection from…

Systems and Control · Electrical Eng. & Systems 2023-10-26 Chih-Yuan Chiu , Chinmay Maheshwari , Pan-Yang Su , Shankar Sastry
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