Research Article

Optimal Tradable Credits Scheme and Congestion Pricing with the Efficiency Analysis to Congestion

Table 1

Parameter values used in numerical analysis.

ParameterDescriptionValueUnits

Trip distance12km
IncDaily income100US$/d
SVTThe value of time1US$/h
Total credits8000
Parameter of in-vehicle travel time0.08
Parameter of in-vehicle travel time0.0125
Car operational cost per kilometer0.3804US$/car
Car modal constant30
Bus modal constant15
The average speed of bicycle20km/h
Fixed operational cost per bus per hour20.9930US$/h
Variable operational cost unit of bus capacity per hour0.2095US$/h
Road capacity5400veh/h
Total demand per kilometer and hour900pax/km h