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Highway Reservation System Design and Its Application to Freight Transportation. NEXTRANS Project No. 0567PY03.
| 题名： | Highway Reservation System Design and Its Application to Freight Transportation. NEXTRANS Project No. 0567PY03. |
| 作者： | Chu, C. P.; He, X.; Lee, C.; Peeta, S. |
| 关键词： | Congestion; Freight Transportation; Heavily-traveled Commercial Corridors; Highway Reservation System; Highway Transportation; Safety Precautions; System Operations; Trucks; User-pays Principle |
| 摘要： | Congestion and safety associated with freight trucks are key issues that arise in the context of highway transportation, especially in the heavily-traveled commercial corridors. To address these issues, truck-only lanes for freight trucks have been proposed as a solution to improve the productivity and reduce congestion, safety hazards and emissions. Truck-only lanes combined with a reservation system can potentially enable efficient operations and reliable demand management to guarantee high quality of service. In this regard, a reservation system with a real options approach can address key issues associated with the user-pays principle (i.e., the beneficiaries of truck-only lanes pay the toll) and fair reservation fees for both highway operators and the users for truck-only lanes. This research seeks to develop an option-pricing mechanism consistent with the highway systems operation and to formulate a closed-form pricing-function on reservation options on truck-only lanes to guarantee a threshold level of service, given the vulnerability associated with system management failure. |
| 报告类型： | 科技报告 |
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