Integrating optimal ridesharing matching into multimodal traffic model: Implications for policy and sustainable transport system

Abstract: Integrating ridesharing matching explicitly into multimodal traffic models is crucial for accurately assessing the impacts of multimodal transport (MT) on urban economic and environmental aspects. This paper integrates an optimal ridesharing matching method into a path-based deterministic day-to-day traffic assignment framework, considers match cancellations, and captures the interactions between various modes on the road. The model incorporates five traffic modes (solo driving, ridesharing as a driver, ridesharing as a passenger, bus travel, and metro travel) and two groups of travelers based on their ownership status. Its steady state is determined through numerical experiments. The sensitivity analyses reveal that the MT system's performance varies with changes in ownership, bus fare, and ridesharing fare, demonstrating diverse impacts on mode split, travel cost, and emissions across different groups, road links, and regions. Our findings suggest that vehicle restrictions and pricing strategies have both benefits and drawbacks in managing MT system, emphasizing the need for careful consideration of trade-offs and social equity implications in policy-making and implementation. This study not only enhances the theoretical understanding of MT system but also provides valuable support for urban transportation policy-making aimed at achieving efficient, sustainable, and socially equitable transport systems.