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Stable dynamic pricing scheme independent of lane-choice models for high-occupancy-toll lanes

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  • Jin, Wen-Long
  • Wang, Xuting
  • Lou, Yingyan

Abstract

A stable dynamic pricing scheme is essential to guarantee the desired performance of high-occupancy-toll (HOT) lanes, where single-occupancy vehicles (SOVs) can pay a price to use the HOT lanes. But existing methods apply to either only one type of lane-choice models with unknown parameters or different types of lane-choice models but with known parameters. In this study we present a new dynamic pricing scheme that is stable and applies to different types of lane-choice models with unknown parameters.

Suggested Citation

  • Jin, Wen-Long & Wang, Xuting & Lou, Yingyan, 2020. "Stable dynamic pricing scheme independent of lane-choice models for high-occupancy-toll lanes," Transportation Research Part B: Methodological, Elsevier, vol. 140(C), pages 64-78.
    • Handle: RePEc:eee:transb:v:140:y:2020:i:c:p:64-78
    DOI: 10.1016/j.trb.2020.07.008
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    References listed on IDEAS

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    Cited by:

    1. Shi, Jie & Yu, Nanpeng & Gao, H. Oliver, 2022. "Bidding strategy for wireless charging roads with energy storage in real-time electricity markets," Applied Energy, Elsevier, vol. 327(C).

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