Title
Mobility operator service capacity sharing contract design to risk-pool against network disruptions
Author
Pantelidis, Theodoros P. (New York University)
Chow, Joseph Y. J. (New York University)
Cats, O. (TU Delft Transport and Planning; TU Delft Transport and Planning) 
Department
Transport and Planning
Date
2023
Abstract
We propose a new mechanism to design risk-pooling contracts between operators to improve service resilience during disruptions. We formulate a novel two-stage stochastic multicommodity flow model to determine the cost savings of a coalition under different disruption scenarios and solve it using L-shaped method along with sample average approximation. Computational tests are conducted for network instances with up to 1024 scenarios. The proposed model is applied to a regional multi-operator network in the Randstad area of the Netherlands, for four operators, 40 origin-destination pairs, and over 1400 links where disruption data is available. Using the proposed method, we identify stable cost allocations that could yield a 66% improvement in overall network performance over not having any risk-pooling contract in place. We illustrate the sensitivity of the HTM operator's bargaining power to different network structures and disruption scenarios.
Subject
Horizontal cooperation
insurance contracts
L-shaped method
multicommodity flow model
network disruptions
two stage-stochastic programming
To reference this document use:
http://resolver.tudelft.nl/uuid:1e3cf15e-c766-4df5-b05f-98a63a4085c8
DOI
https://doi.org/10.1080/23249935.2023.2210229
Embargo date
2023-11-10
ISSN
2324-9935
Source
Transportmetrica A: Transport Science
Bibliographical note
Green Open Access added to TU Delft Institutional Repository ‘You share, we take care!’ – Taverne project https://www.openaccess.nl/en/you-share-we-take-care Otherwise as indicated in the copyright section: the publisher is the copyright holder of this work and the author uses the Dutch legislation to make this work public.
Part of collection
Institutional Repository
Document type
journal article
Rights
© 2023 Theodoros P. Pantelidis, Joseph Y. J. Chow, O. Cats