Title:Pareto-improving tradable bottleneck permit (TBP) at a merging bottleneck
Presenter:Prof. Liu Ronghui
Time:2018.11.29 16:00-17:30 pm
Location:A716
Invited by:Prof. Liu Tianling
About the presenter:As a first-best pricing scheme to minimize social cost, TBP is however not always Pareto-improving in that it may harm some drivers. The objective of this study is to investigate and design Pareto-improving TBP schemes for a two-to-one merge bottleneck. This talk presents the concepts of TBP, Pareto-improvement, and the specific design solutions.
Abstract:Professor Ronghui Liu, Professor of Networks and Transport Operations, at the Institute for Transport Studies (ITS), University of Leeds, UK. She received her BSc from Peking University and PhD from Cambridge University. Before joining ITS Leeds, she was a Research Fellow at University College London, and while at ITS, she was seconded to head the Transport Modelling Division at TRL, UK in 2005. She served as an Associate Editor for journal IEEE Transaction on Intelligent Transportation Systems, and Member of Editorial Board of IET Journal of Intelligent Transport. Her research areas span a number of themes in the field of transport studies: in vehicle dynamics and traffic microsimulaton model developments; in traffic control theory and algorithms; in travel behaviour and Intelligent mobility; in stochastic models and reliability analysis; in public transport operations and controls; in timetabling and schedule coordination; and in train control and railway traffic management systems. She is particularly interested in the interrelationships between these themes, and methodologies for estimation, design and evaluation of their network-wide effects.
