Optimal distance tolls under congestion pricing and continuously distributed value of time

Qiang Meng, Zhiyuan Liu and Shuaian Wang

Transportation Research Part E: Logistics and Transportation Review, 2012, vol. 48, issue 5, 937-957

Abstract: This paper addresses the optimal distance-based toll design problem for cordon-based congestion pricing schemes. The optimal distance tolls are determined by a positive and non-decreasing toll-charge function with respect to the travel distance. Each feasible toll-charge function is evaluated by a probit-based SUE (Stochastic User Equilibrium) problem with elastic demand, asymmetric link travel time functions, and continuously distributed VOT, solved by a convergent Cost Averaging (CA) method. The toll design problem is formulated as a mixed-integer mathematical programming with equilibrium constraints (MPEC) model, which is solved by a Hybrid GA (Genetic Algorithm)–CA method. Finally, the proposed models and algorithms are assessed by two numerical examples.

Keywords: Distance-based toll; Cordon-based congestion pricing; Stochastic user equilibrium; Continuously distributed value-of-time; Mathematical programming with equilibrium constraints; Genetic algorithm (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (27)

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DOI: 10.1016/j.tre.2012.04.004

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