Abstract
This work estimates the distribution of a time-varying toll over a 24-hour period that minimizes the combined queue length of the three tunnels that traverse Hong Kong's Victoria Harbour, taking into account institutional constraints. Our results reveal that switching from a flat toll to a time-varying toll scheme would eliminate all existing tunnel queues. We argue that optimal tunnel tolling, coupled with the nonstop electronic toll collection mechanism already in place, could be the first step toward the implementation of electronic road pricing in Hong Kong. Optimal tolling would obviate the need to build a fourth harbor crossing in the near future.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
