A Control Theoretic Approach to Simultaneously Estimate Average Value of Time and Determine Dynamic Price for High-Occupancy Toll Lanes
The dynamic pricing problem of a freeway corridor with high-occupancy toll (HOT) lanes was formulated and solved based on a point queue abstraction of the traffic system [1]. However, existing pricing strategies cannot guarantee that the closed-loop system converges to the optimal state, in which the HOT lanes’ capacity is fully utilized but there is no queue on the HOT lanes, and a well-behaved estimation and control method is quite challenging and still elusive. This paper attempts to fill the gap by making three fundamental contributions: (i) to present a simpler formulation of the point queue model based on the new concept of residual capacity, (ii) to propose a simple feedback control theoretic approach to estimate the average value of time and calculate the dynamic price, and (iii) to analytically and numerically prove that the closed-loop system is stable and guaranteed to converge to the optimal state, in either Gaussian or exponential manners.
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/oclc/41297384
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Supplemental Notes:
- Copyright © 2021, IEEE.
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Authors:
- Wang, Xiaoxuan
- Jin, Wen-Long
- Yin, Yafeng
- Publication Date: 2021-11
Language
- English
Media Info
- Media Type: Digital/other
- Features: References;
- Pagination: pp 7293-7305
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Serial:
- IEEE Transactions on Intelligent Transportation Systems
- Volume: 22
- Issue Number: 11
- Publisher: Institute of Electrical and Electronics Engineers (IEEE)
- ISSN: 1524-9050
- Serial URL: http://ieeexplore.ieee.org/xpl/RecentIssue.jsp?punumber=6979
Subject/Index Terms
- TRT Terms: High occupancy toll lanes; Road pricing; Traffic control; Value of time; Vehicle dynamics
- Subject Areas: Highways; Operations and Traffic Management;
Filing Info
- Accession Number: 01787300
- Record Type: Publication
- Files: TRIS
- Created Date: Nov 5 2021 11:54AM