open access

https://hdl.handle.net/2115/59446

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

英語

Producer surplus

2014-07

Springer

Transportation

41(4)

839-854

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.

学術雑誌論文

Accepted Manuscript

The final publication is available at link.springer.com

0049-4488