Dynamic Pricing for Toll Lanes - a Case Study

:This paper reports about the development, analysis, simulation, and real-life measurements of the dynamic toll fee control algorithm for the recently opened Fast Lane, i.e. the additional parallel HOT lane on the part of the Jerusalem - Tel Aviv Highway 1 with three free lanes that runs westwards between the Ben Gurion Airport and Tel Aviv. It was found that cascaded feedback control is suitable, where the inner loop determines the toll fee increment with the inflow to the HOT lane as feedback signal, while the outer loop determines the inflow reference based on the average speed on the HOT lane as the feedback signal, and the government mandated lower average speed as its reference. Measured morning rush hour data for the toll lane under manual and automatic control are presented.