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Title:

New Formulations of Second-Best Congestion Pricing Models to Evaluate Temporal, Spatial, and Modal Impacts of Congestion Toll Policies for General Network in Urban Highway System

Accession Number:

01127213

Record Type:

Component

Availability:

Transportation Research Board Business Office

500 Fifth Street, NW
Washington, DC 20001 United States

Abstract:

This paper focuses on efficiency issues associated with second-best congestion pricing, i.e., use of congestion tolls to achieve the best utilization of resources for a transportation network with constraints that part of the network cannot be tolled. New model formulations of no-toll, first-best and second-best problems for a general network in urban highway systems are presented by an exceed-demand approach to examine the temporal, spatial and modal effects of congestion pricing schemes simultaneously. The new model formulations are tested in a reasonable network that simulates the transportation system like the city of Hangzhou in China. The main findings from the simulation results are that the second-best congestion pricing scheme is effective in shifting departure time periods, diverting travel mode and containing total traffic volume. Compared to the first ¨Cbest pricing scheme that generates the largest reduction in both vehicle traffic volume and passenger volume, second-best toll policy encourages travelers to choose bus mode, decrease the total vehicle traffic volume but increase the total passenger volume.

Monograph Accession #:

01120148

Report/Paper Numbers:

09-1221

Language:

English

Corporate Authors:

Transportation Research Board

500 Fifth Street, NW
Washington, DC 20001 United States

Authors:

Liu, Louie Nan
Chen, Daqiang

Pagination:

16p

Publication Date:

2009

Conference:

Transportation Research Board 88th Annual Meeting

Location: Washington DC, United States
Date: 2009-1-11 to 2009-1-15
Sponsors: Transportation Research Board

Media Type:

DVD

Features:

Figures (2) ; References (13) ; Tables (6)

Geographic Terms:

Subject Areas:

Economics; Highways; Operations and Traffic Management; I10: Economics and Administration; I72: Traffic and Transport Planning

Source Data:

Transportation Research Board Annual Meeting 2009 Paper #09-1221

Files:

TRIS, TRB

Created Date:

Jan 30 2009 5:26PM