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Economical welfare maximisation analysis: assessing the use of existing Park-and-Ride services

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Abstract

This paper assesses travellers’ responses to the use of existing Park-and-Ride (P&R) services based on an economical welfare maximisation approach. Specifically, the paper presents a modelling framework to estimate consumer surplus and producer surplus (business profits) on the basis of modal choice probabilities. The paper draws on evidence from Stated Preference surveys conducted around two P&R sites in Sapporo, Japan, where P&R services occupy a modest market space. Overall, the results suggest that business profit increases when economical welfare is maximised, as a consequence of increased demand. It is also shown that P&R choice is not only influenced by parking fees, but also by the fares and other attributes of alternative transportation modes. Accordingly, the interactions of P&R with alternative transportation modes should be taken into consideration in any strategic transportation policies oriented towards motivating sustainable transport mode choices.

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Authors and Affiliations

  1. Ministry of Land, Infrastructure and Transportation, Hokuriku Regional Development Bureau, Sainen 4-23-5, Kanazawa, 920-8648, Japan

    Yusuke Kono

  2. Laboratory of Infrastructure Planning and Design, Faculty of Engineering, Hokkaido University, Kita-13, Nishi-8, Kita-ku, Sapporo, 060-8628, Japan

    Kenetsu Uchida & Katia Andrade

Authors
  1. Yusuke Kono
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  2. Kenetsu Uchida
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  3. Katia Andrade
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Corresponding author

Correspondence to Katia Andrade.

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Kono, Y., Uchida, K. & Andrade, K. Economical welfare maximisation analysis: assessing the use of existing Park-and-Ride services. Transportation 41, 839–854 (2014). https://doi.org/10.1007/s11116-013-9498-x

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  • DOI: https://doi.org/10.1007/s11116-013-9498-x

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