Network-optimized congestion pricing : a parable, model and algorithm

Dial, Robert B.; John A. Volpe National Transportation Systems Center (U.S.)

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Network-optimized congestion pricing : a parable, model and algorithm

1995-05-31
By Dial, Robert B.

[PDF-1.35 MB]

English

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Details:

Alternative Title:

Travel model improvement program
Creators:

Dial, Robert B.
Corporate Creators:

John A. Volpe National Transportation Systems Center (U.S.)
Corporate Contributors:

United States. Federal Transit Administration ; United States. Federal Highway Administration ; United States. Department of Transportation. Office of the Secretary ; United States. Environmental Protection Agency

United States. Federal Transit Administration ; United States. Federal Highway Administration ; United States. Department of Transportation. Office of the Secretary ; United States. Environmental Protection Agency Less -
Subject/TRT Terms:

[+]

Algorithms Congestion Congestion Pricing Networks Optimization Origin And Destination Stochastic Processes Tolls Traffic Travelers
Publication/ Report Number:

DOT-T-95-20
Resource Type:

Tech Report
Geographical Coverage:

United States
Corporate Publisher:

United States. Federal Transit Administration ; United States. Federal Highway Administration ; United States. Dept. of Transportation. Office of the Secretary ; United States. Environmental Protection Agency

United States. Federal Transit Administration ; United States. Federal Highway Administration ; United States. Dept. of Transportation. Office of the Secretary ; United States. Environmental Protection Agency Less -
NTL Classification:

NTL-ECONOMICS AND FINANCE-ECONOMICS AND FINANCE;NTL-PLANNING AND POLICY-Technology Transfer;NTL-PLANNING AND POLICY-PLANNING AND POLICY;
Abstract:

This paper recites a parable, formulates a model and devises an algorithm for optimizing tolls on a road network. Such tolls induce an equilibrium traffic flow that is at once system-optimal and user-optimal. The parable introduces the network-wide congestion pricing problem, intending to emphasize the significance of the variability of users' value of time and the importance of not restricting tolls to certain links a priori. The model permits the marginal value of time to be a random variable having a different distribution for each origin-destination pair. The algorithm provides what transportation planners have never had: the ability to determine the best toll for each link in the network. It can solve networks with thousands of nodes in reasonable time on a 486-class PC.
Format:

PDF
Collection(s):

Federal Highway Administration Volpe Center
Main Document Checksum:

[+]

urn:sha256:61112af72de44c79d1406f1d14f96162ae48252eda5a4261497a23a31c34bebc
Download URL:

https://rosap.ntl.bts.gov/view/dot/9769/dot_9769_DS1.pdf
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Network-optimized congestion pricing : a parable, model and algorithm

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