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Optimal distance tolls under congestion pricing and continuously distributed value of time

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  • Meng, Qiang
  • Liu, Zhiyuan
  • Wang, Shuaian

Abstract

This paper addresses the optimal distance-based toll design problem for cordon-based congestion pricing schemes. The optimal distance tolls are determined by a positive and non-decreasing toll-charge function with respect to the travel distance. Each feasible toll-charge function is evaluated by a probit-based SUE (Stochastic User Equilibrium) problem with elastic demand, asymmetric link travel time functions, and continuously distributed VOT, solved by a convergent Cost Averaging (CA) method. The toll design problem is formulated as a mixed-integer mathematical programming with equilibrium constraints (MPEC) model, which is solved by a Hybrid GA (Genetic Algorithm)–CA method. Finally, the proposed models and algorithms are assessed by two numerical examples.

Suggested Citation

  • Meng, Qiang & Liu, Zhiyuan & Wang, Shuaian, 2012. "Optimal distance tolls under congestion pricing and continuously distributed value of time," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 48(5), pages 937-957.
    • Handle: RePEc:eee:transe:v:48:y:2012:i:5:p:937-957
    DOI: 10.1016/j.tre.2012.04.004
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