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Title:

Feedback Based Dynamic Congestion Pricing

Accession Number:

01334303

Record Type:

Component

Abstract:

This paper presents a mathematical model for dynamic congestion pricing at a toll where alternate lane or routes are available. The model developed is based on traffic conservation law and queueing, and moreover uses fundamental macroscopic relationships for its derivation. The modeling uses a Logit model for the price and driver choice behavior relationship. The authors use this nominal mathematical model for the dynamics to derive a feedback control law that uses real-time information to come up with tolling price. Simulation results show the performance of this dynamic feedback congestion pricing algorithm.

Monograph Accession #:

01329018

Report/Paper Numbers:

11-3943

Language:

English

Corporate Authors:

Transportation Research Board

500 Fifth Street, NW
Washington, DC 20001 United States

Authors:

Wadoo, Sabiha
Kachroo, Pushkin
Ozbay, Kaan
Shlayan, Neveen

Pagination:

15p

Publication Date:

2011

Conference:

Transportation Research Board 90th Annual Meeting

Location: Washington DC, United States
Date: 2011-1-23 to 2011-1-27
Sponsors: Transportation Research Board

Media Type:

DVD

Features:

Figures (3) ; References (27) ; Tables (4)

Subject Areas:

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

Source Data:

Transportation Research Board Annual Meeting 2011 Paper #11-3943

Files:

TRIS, TRB

Created Date:

Feb 17 2011 6:42PM