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Title:

Evaluation of a Strategic Road Pricing Scheme Accounting for Day-to-Day and Long-Term Demand Uncertainty

Accession Number:

01520064

Record Type:

Component

Availability:

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Washington, DC 20001 United States

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Order URL: http://worldcat.org/isbn/9780309295611

Abstract:

Transport network pricing schemes are an integral traffic management strategy that can be implemented to reduce congestion, among other network impacts. However, the problem of determining tolls becomes much more complex when multiple sources of demand uncertainty are considered. This paper proposes a novel tolling model based on a particular variant of strategic user equilibrium in which users base their route choice decisions on a known demand distribution. The study showed that by using an average daily demand, a marginal social cost–based tolling approach could induce near optimal conditions in a strategic network. However, uncertainty was associated with the long-term future planning demand; inaccurate forecasts of future demand could result in poor realized tolling scheme performance. Therefore, this paper also proposes a method to test the robustness of a tolling scheme, which is the reliability of the link tolls under a range of future demand scenario realizations. Results demonstrated that evaluations of strategic tolling schemes differed when both the short-term and the long-term uncertainty in demand were accounted for, and furthermore suggested that future research into the integration of multiple sources of uncertainty into the pricing scheme evaluation is merited.

Monograph Accession #:

01559856

Report/Paper Numbers:

14-3716

Language:

English

Authors:

Duell, Melissa
Gardner, Lauren
Dixit, Vinayak
Waller, S Travis

Pagination:

pp 12–20

Publication Date:

2014

Serial:

Transportation Research Record: Journal of the Transportation Research Board

Issue Number: 2467
Publisher: Transportation Research Board
ISSN: 0361-1981

ISBN:

9780309295611

Media Type:

Print

Features:

Figures (4) ; References (22) ; Tables (4)

Subject Areas:

Finance; Highways; Planning and Forecasting; I72: Traffic and Transport Planning

Files:

TRIS, TRB, ATRI

Created Date:

Jan 27 2014 3:16PM

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