The multi-class, multi-criterion traffic equilibrium and the efficiency of congestion pricing

Deren Han and Hai Yang

Transportation Research Part E: Logistics and Transportation Review, 2008, vol. 44, issue 5, 753-773

Abstract: We consider the effect of the so-called second-best tolls on the price of anarchy of the traffic equilibrium problem where there are multiple classes of users with a discrete set of values of time. We derive several bounds of the price of anarchy for this problem when the tolls are considered and not considered as part of the system cost, with the time-based criterion and the cost-based criterion, respectively. All the bounds give us useful information on the effect of the tolls, which can be used to design network toll schemes.

Keywords: Multi-class; traffic; equilibrium; System; optimum; Price; of; anarchy; Value; of; time; Road; pricing (search for similar items in EconPapers)
Date: 2008
References: Add references at CitEc
Citations: View citations in EconPapers (12)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1366554507000889
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:transe:v:44:y:2008:i:5:p:753-773

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/600244/bibliographic
http://www.elsevier. ... 600244/bibliographic

Access Statistics for this article

Transportation Research Part E: Logistics and Transportation Review is currently edited by W. Talley

More articles in Transportation Research Part E: Logistics and Transportation Review from Elsevier
Bibliographic data for series maintained by Catherine Liu ().