Abstract

This paper investigates managed lane toll setting and its effect under mixed traffic of connected automated vehicles (CAVs), high-occupancy vehicles (HOVs), and human-driven vehicles (HDVs), with the goal of avoiding flow breakdown and minimizing total social cost. A mesoscopic finite difference traffic simulation model considers the flow–density relationship at different CAV market penetration rates, lane-changing behaviors, and multiple entries/exits, interacting with a reactive toll setting mechanism. The results of Monte Carlo simulation suggest an optimal policy of untolled HOV/CAV use with tolled HDVs in particular scenarios of limited CAV market penetration. Small and targeted tolling avoids flow breakdown in managed lanes while prioritizing HOVs and other vehicles with high values of time. Extensions of the formulation and sensitivity analysis quantify the benefits of converting high-occupancy HDVs to CAVs. The optimal tolling regime combines traffic science notions of flow stability and the economics of resource allocation.

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