Abstract

Day-to-day dynamic congestion pricing schemes have been recently proposed to force the traffic system to evolve from the status quo to a stationary state of system optimum instead of user equilibrium, considering drivers’ day-to-day behavior adjustments. From the perspective of traffic management, it may be desirable to expedite the evolution process such that the total travel cost across the process can be reduced. A novel steepest descent dynamic toll scheme is proposed that minimizes the derivative of the total system cost with regard to day t or reduces the total system cost the most for each day. The problem of finding the steepest descent scheme is first formulated as a piecewise linear nonsmooth optimization problem and then transformed into a standard linear programming problem. Its mathematical properties are discussed further and a solution procedure is proposed for specifying the steepest descent pricing scheme. A numerical study of the well-known Braess network and the Sioux Falls, South Dakota, network is conducted to compare the performance of different dynamic pricing schemes.

Full Text
Paper version not known

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 call

Disclaimer: 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.