2021/02/28 by Jani‐Pekka Jokinen, Jani-Pekka Jokinen, Jokinen, Jani-Pekka
Economics, Econometrics and Finance · Engineering · Social Sciences · #FOS: Economics and business #General Economics (econ.GN) #Transportation Planning and Optimization #Transportation and Mobility Innovations #Urban and Freight Transport Logistics #econ.GN #q-fin.EC
paper · pdf · doi:10.48550/arxiv.2103.00565
arxiv created 2021/02/28 · openalex publication_date 2021/02/28 · arxiv updated 2021/03/02 · openalex created_date 2021/03/15 · openalex updated_date 2026/07/28
This paper presents a model addressing welfare optimal policies of demand responsive transportation service, where passengers cause external travel time costs for other passengers due to the route changes. Optimal pricing and trip production policies are modelled both on the aggregate level and on the network level. The aggregate model is an extension from Jokinen (2016) with flat pricing model, but occupancy rate is now modelled as an endogenous variable depending on demand and capacity levels. The network model enables to describe differences between routes from the viewpoint of occupancy rate and efficient trip combining. Moreover, the model defines the optimal differentiated pricing for routes.