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06-07-2018

An optimization model for integrated transit-parking policy planning

Authors: Joana Cavadas, António Pais Antunes

Published in: Transportation | Issue 5/2019

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Abstract

The optimization model proposed in this paper is aimed to assist city councils (or other transport authorities) in the planning of integrated transit-parking policies. The objective is to minimize the joint operating deficit of the transit and parking operators while ensuring given minimum levels of (motorized) mobility in a city. The key decision variables are transit fares and parking fees. The impact of price changes on transit and car modal shares are described by logit functions of the generalized travel costs. The practical utility of the model is illustrated with a case study involving a midsize city in Portugal.

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Title: An optimization model for integrated transit-parking policy planning
Authors: Joana Cavadas
António Pais Antunes
Publication date: 06-07-2018
Publisher: Springer US
Published in: Transportation / Issue 5/2019
Print ISSN: 0049-4488
Electronic ISSN: 1572-9435
DOI: https://doi.org/10.1007/s11116-018-9905-4

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