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Optimizing toll locations and levels in a road congestion pricing schemes by minimizing the deviation from marginal social cost pricing tolls
Linköping University, Department of Science and Technology, Communications and Transport Systems. Linköping University, The Institute of Technology. (Trafiksystem)ORCID iD: 0000-0002-1367-6793
2012 (English)In: Transportation & Logistics Management: Proceedings of the 17th International Conference of Hong Kong Society for Transportation Studies (HKSTS) : 15-17 December 2012, Hong Kong / [ed] Ho-Yin Mak and Hong K. Lo, Hong Kong: Hong Kong Society for Transportation Studies (HKSTS), 2012Conference paper, Published paper (Other academic)
Abstract [en]

To find second-best optimal toll locations and toll levels in a road traffic network, which maximize the social surplus, can be formulated as a bi-level optimization program. The bi-level program is both non-convex and non-smooth and therefore considered as a demanding optimization problem to solve. First-best optimal tolls can, however, easily be computed by solving a convex program, and this paper examines the possibility to make use of these first-best tolls when searching for second-best solutions. By formulating an optimization problem, which instead of maximizing the social surplus, search for the toll locations and toll levels which minimize the deviation from first-best tolls on a route-level, a mixed integer linear program is formulated. The approach of minimizing the deviation from first-best route tolls is applied to a Stockholm network model, and results are provided to evaluate the applicability of the approach.

Place, publisher, year, edition, pages
Hong Kong: Hong Kong Society for Transportation Studies (HKSTS), 2012.
Keyword [en]
bi-level optimization, road tolls, congestion pricing
National Category
Transport Systems and Logistics
Identifiers
URN: urn:nbn:se:liu:diva-88002ISBN: 978-988-15814-1-9 (print)OAI: oai:DiVA.org:liu-88002DiVA: diva2:601075
Conference
17th International Conference Of Hong Kong Society For Transportation Studies (HKSTS), 15-17 December 2012, Hong Kong
Funder
TrenOp, Transport Research Environment with Novel Perspectives
Available from: 2013-01-28 Created: 2013-01-28 Last updated: 2017-02-28Bibliographically approved

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Ekström, Joakim

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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • oxford
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf