EXISTENCE OF UNUSED MANAGED CAPACITY ON DEDICATED LANES AND AN ALTERNATIVE ON HOW TO SELL IT VIA AUCTIONS

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dc.contributor.advisorHAGHANI, ALIen_US
dc.contributor.authorOlarte, Rafael Ernestoen_US
dc.contributor.departmentCivil Engineeringen_US
dc.contributor.publisherDigital Repository at the University of Marylanden_US
dc.contributor.publisherUniversity of Maryland (College Park, Md.)en_US
dc.date.accessioned2016-09-08T05:39:35Z
dc.date.available2016-09-08T05:39:35Z
dc.date.issued2016en_US
dc.description.abstractThis dissertation verifies whether the following two hypotheses are true: (1) High-occupancy/toll lanes (and therefore other dedicated lanes) have capacity that could still be used; (2) such unused capacity (or more precisely, “unused managed capacity”) can be sold successfully through a real-time auction. To show that the second statement is true, this dissertation proposes an auction-based metering (ABM) system, that is, a mechanism that regulates traffic that enters the dedicated lanes. Participation in the auction is voluntary and can be skipped by paying the toll or by not registering to the new system. This dissertation comprises the following four components: a measurement of unused managed capacity on an existing HOT facility, a game-theoretic model of an ABM system, an operational description of the ABM system, and a simulation-based evaluation of the system. Some other and more specific contributions of this dissertation include the following: (1) It provides a definition and a methodology for measuring unused managed capacity and another important variable referred as “potential volume increase”. (2) It proves that the game-theoretic model has a unique Bayesian Nash equilibrium. (3) And it provides a specific road design that can be applied or extended to other facilities. The results provide evidence that the hypotheses are true and suggest that the ABM system would benefit a public operator interested in reducing traffic congestion significantly, would benefit drivers when making low-reliability trips (such as work-to-home trips), and would potentially benefit a private operator interested in raising revenue.en_US
dc.identifierhttps://doi.org/10.13016/M2DV4H
dc.identifier.urihttp://hdl.handle.net/1903/18755
dc.language.isoenen_US
dc.subject.pqcontrolledTransportationen_US
dc.subject.pqcontrolledCivil engineeringen_US
dc.subject.pquncontrolledAUCTIONen_US
dc.subject.pquncontrolledLOTTERYen_US
dc.subject.pquncontrolledMANAGED LANESen_US
dc.subject.pquncontrolledMETERINGen_US
dc.subject.pquncontrolledRAFFLEen_US
dc.subject.pquncontrolledTOLLen_US
dc.titleEXISTENCE OF UNUSED MANAGED CAPACITY ON DEDICATED LANES AND AN ALTERNATIVE ON HOW TO SELL IT VIA AUCTIONSen_US
dc.typeDissertationen_US

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