How to design effective road pricing cordons
This paper describes three approaches to cordon location design, a judgemental approach, an optimisation approach based on genetic algorithms and a short-cut approach which lies between the two. The genetic algorithm optimal single cordon generated benefits that were 80% higher than the best judgemental cordon for a simplified network of Edinburgh. The short-cut approach was developed from an observation that charging on only a few of the highest marginal cost links could result in a high proportion of the system optimum or first-best benefits. Initial results for Edinburgh and York have shown that the approach can achieve 93% of the genetic algorithm optimal cordon benefits with only a few model runs in the case of Edinburgh.
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Authors:
- SHEPHERD, S
- MAY, A
- KOH, H
- Publication Date: 2008
Language
- English
Media Info
- Pagination: 155-165
- Serial:
Subject/Index Terms
- TRT Terms: Area traffic signal control; Location; Networks; Road pricing; Roads; Urban areas
- Uncontrolled Terms: Road networks
- Geographic Terms: United Kingdom
- ITRD Terms: 669: Area traffic control; 9061: Location; 1053: Road network; 240: Road pricing; 8119: United Kingdom; 313: Urban area
- Subject Areas: Highways; Operations and Traffic Management; I10: Economics and Administration; I73: Traffic Control;
Filing Info
- Accession Number: 01109691
- Record Type: Publication
- Source Agency: Transport Research Laboratory
- Files: ITRD
- Created Date: Aug 25 2008 8:53AM