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An optimization model for integrated transit-parking policy planning

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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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Source: Transit operators (recent annual reports)

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Source: European Commission and US Bureau of Transportation Statistics

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Acknowledgements

The authors are grateful to the Portuguese Science and Technology Foundation (FCT) for funding the research described in this paper (project UID/Multi/04427/2013 and scholarship SFRH/BD/52359/2013), and to the three anonymous reviewers whose comments significantly contributed to improve a previous version paper.

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Correspondence to Joana Cavadas.

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Cavadas, J., Antunes, A.P. An optimization model for integrated transit-parking policy planning. Transportation 46, 1867–1891 (2019). https://doi.org/10.1007/s11116-018-9905-4

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