Transit Ridesharing System Using Tradable Credit Under Asymmetric Transaction Costs

DOI

10.2991/assehr.k.211209.008How to use a DOI?

Keywords

Asymmetric trading; bottleneck model; travel costs; Pareto effect

Abstract

Tradable credit as a new type of toll has the advantages of optimizing the transportation system, changing travel time and relieving congestion pressure, and has received much attention in recent years for research. The economic cost is defined as a fixed percentage of the transaction ratio, and under the asymmetric transaction cost, the economic cost land is asymmetrically split, which produces extremely different effects between buyers and sellers. In this paper, we first focus on the bottleneck model, through which we calculate the toll rate of the optimal traffic control system, and then introduce asymmetric transaction costs to consider the impact and significance of the Pareto effect. We find that the effect of the asymmetric transaction system is optimal when the commuter bears a higher cost.

Copyright

© 2021 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Lingling Xiao
AU  - YuJie Liu
PY  - 2021
DA  - 2021/12/15
TI  - Transit Ridesharing System Using Tradable Credit Under Asymmetric Transaction Costs
BT  - Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
PB  - Atlantis Press
SP  - 48
EP  - 54
SN  - 2352-5428
UR  - https://doi.org/10.2991/assehr.k.211209.008
DO  - 10.2991/assehr.k.211209.008
ID  - Xiao2021
ER  -