Keynote Session 1 — Hai Yang

Abstract

The cur­rent rev­o­lu­tions of shar­ing, automa­tion and elec­tri­fi­ca­tion are reshap­ing the way we trav­el, with broad impli­ca­tions for future mobil­i­ty man­age­ment. While much uncer­tain­ty remains about how these dis­rup­tive tech­nolo­gies would exact­ly impact demand for future mobil­i­ty and enhance­ment of trans­porta­tion sup­ply, it is clear that Inno­v­a­tive demand man­age­ment is equal­ly impor­tant as smart sup­ply tech­nol­o­gy devel­op­ment in solv­ing wors­en­ing traf­fic prob­lems in big cities. In this talk, I will dis­cuss the oppor­tu­ni­ties and chal­lenges of smart mobil­i­ty man­age­ment in the era of smart trans­porta­tion. Inno­v­a­tive ways of trav­el demand man­age­ment are described, includ­ing trad­able trav­el cred­it scheme for road con­ges­tion mit­i­ga­tion, rev­enue-pre­serv­ing and Pare­to-improv­ing strate­gies for peak-hour tran­sit demand man­age­ment con­ges­tion, and a nov­el reward scheme inte­grat­ed with surge pric­ing in a ride-sourc­ing market.