Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1132972 | Transportation Research Part B: Methodological | 2006 | 12 Pages |
Abstract
This paper discusses an on-line, trial-and-error implementation of marginal-cost pricing for networks with users whose values of travel time vary, whose demand functions are unknown, and whose route choices conform to random-utility maximization. It is an extension of Yang et al.’s [Yang, H., Meng, Q., Lee, D.-H., 2004. Trial-and-error implementation of marginal-cost pricing on networks in the absence of demand functions. Transportation Research Part B 38 (6), 477–493] calculations of optimal congestion tolls with homogenous travelers and shortest-path choices. The numerical example on an actual, large-scale network suggests the heuristic iterative procedure does converge in searching for optimal tolls.
Related Topics
Social Sciences and Humanities
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Authors
Yong Zhao, Kara Maria Kockelman,