Real-time congestion pricing strategies for toll facilities

Zotero

Author

Jorge A. Laval
Hyun W. Cho
Juan C. Muñoz
Yafeng Yin

Tipo de elemento

Journal Article

DOI

10.1016/j.trb.2014.09.015

ISSN

0191-2615

Abstract Note

This paper analyzes the dynamic traffic assignment problem on a two-alternative network with one alternative subject to a dynamic pricing that responds to real-time arrivals in a system optimal way. Analytical expressions for the assignment, revenue and total delay in each alternative are derived as a function of the pricing strategy. It is found that minimum total system delay can be achieved with many different pricing strategies. This gives flexibility to operators to allocate congestion to either alternative according to their specific objective while maintaining the same minimum total system delay. Given a specific objective, the optimal pricing strategy can be determined by finding a single parameter value in the case of HOT lanes. Maximum revenue is achieved by keeping the toll facility at capacity with no queues for as long as possible. Guidelines for implementation are discussed.

Access Date

2015-12-28 21:46:48

Fecha

January 2015

Journal Abbreviation

Transportation Research Part B: Methodological

Library Catalog

ScienceDirect

Páginas

19-31

Publication Title

Transportation Research Part B: Methodological

Título

Real-time congestion pricing strategies for toll facilities

URL

http://www.sciencedirect.com/science/article/pii/S0191261514001696

Volume

71

Attachment Title

ScienceDirect Snapshot

Attachment URL

[No URL]

Archivos

Citación

Jorge A. Laval et al., “Real-time congestion pricing strategies for toll facilities,” Omeka para Cedeus, consulta 26 de enero de 2021, http://pubs.cedeus.cl/omeka/document/70.

Position: 3 (1632 views)