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Title:

Area-Based Pricing Scheme for Multimodal Systems and Heterogeneous Users in an Agent-based Environment

Accession Number:

01556629

Record Type:

Component

Availability:

Transportation Research Board Business Office

500 Fifth Street, NW
Washington, DC 20001 United States

Abstract:

In this paper, the authors investigate an area-based pricing scheme for congested multimodal urban networks with the consideration of user heterogeneity. The authors propose a time-dependent pricing scheme where the tolls are iteratively adjusted through a Proportional-Integral type feedback controller, based on both the level of congestion and user’s adaptation to the toll cost. The level of congestion is represented by a macroscopic traffic model, the Macroscopic Fundamental Diagram, which has been recently applied to develop network-level traffic management strategies. Within this pricing scheme, the authors differentiate two groups of users with respect to their value-of-time, and integrate incentives to motivate mode shift and increase the efficiency of pricing such as improving public transport services or return part of the toll to some users. The proposed pricing strategies are tested in a case study of the Sioux Fall network using an agent-based simulator. Appealing results are revealed: (i) the proposed pricing scheme is highly effective in congestion reduction, (ii) comparing to similar pricing schemes in literature, the proposed one is more flexible in toll adjustment as it takes user adaptation into account, and shows a smooth behavioral stabilization in long-term operation, (iii) significant differences are found in behavioral responses between the two groups of users, (iv) integrating incentive programs using the collected toll revenue, pricing strategies can achieve substantial welfare gain and (v) by realizing user heterogeneity, pricing strategies can be designed for equitable savings among the users.

Supplemental Notes:

This paper was sponsored by TRB committee ADB40 Transportation Demand Forecasting.

Monograph Accession #:

01550057

Report/Paper Numbers:

15-1841

Language:

English

Corporate Authors:

Transportation Research Board

500 Fifth Street, NW
Washington, DC 20001 United States

Authors:

Zheng, Nan
Rérat, Guillaume
Geroliminis, Nikolas

Pagination:

15p

Publication Date:

2015

Conference:

Transportation Research Board 94th Annual Meeting

Location: Washington DC, United States
Date: 2015-1-11 to 2015-1-15
Sponsors: Transportation Research Board

Media Type:

Digital/other

Features:

Figures; References; Tables

Subject Areas:

Finance; Highways; Planning and Forecasting; I10: Economics and Administration; I72: Traffic and Transport Planning

Source Data:

Transportation Research Board Annual Meeting 2015 Paper #15-1841

Files:

TRIS, TRB, ATRI

Created Date:

Dec 30 2014 12:40PM