Wang, WW, Wang, DZW, Zhang, F orcid.org/0000-0003-3584-4679 et al. (3 more authors) (2017) Overcoming the Downs-Thomson Paradox by transit subsidy policies. Transportation Research Part A: Policy and Practice, 95. pp. 126-147. ISSN 0965-8564
Abstract
Consider a competitive highway/transit transportation system in which travelers either drive on the bottleneck-constrained highway or take scheduled trains from home to the workplace in the morning peak hours. This paper explores the impact of bottleneck capacity expansion on transit operating schemes (fleet size and fare) and travelers’ departure time and mode choices. Due to the potential occurrence of the Downs-Thomson (D-T) Paradox after highway capacity expansion, the paper investigates whether the D-T Paradox can be circumvented by implementing transit subsidy policies. The effects of different transit subsidy schemes are explored: subsidizing the transit company (cost subsidy) or the passengers (passenger subsidy) with the financial support from either government funding or road pricing revenue. For each combination of subsidy method and financial sourcing, the condition for overcoming the D-T Paradox is established.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | (c) 2016 Elsevier Ltd. All rights reserved. This is an author produced version of a paper published in Transportation Research Part A: Policy and Practice. Uploaded in accordance with the publisher's self-archiving policy. |
Keywords: | Transit operating schemes; Downs-Thomson Paradox; Departure time and mode choices; Transit subsidy; Road pricing |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Environment (Leeds) > Institute for Transport Studies (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 22 Sep 2017 15:18 |
Last Modified: | 22 Nov 2017 01:39 |
Status: | Published |
Publisher: | Elsevier |
Identification Number: | 10.1016/j.tra.2016.11.003 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:121540 |