Dynamic Tolling Strategies for Managed Lanes

This paper proposes two practical but sensible approaches to determine pricing strategies for operating managed toll lanes. The tolls vary dynamically in response to real-time traffic conditions in order to provide a superior free-flow travel service to the users of the toll lanes while maximizing the freeway's throughput. Simulation experiments are conducted to validate and compare the proposed approaches.

• Corporate Authors:

  Transportation Research Board

  500 Fifth Street, NW
  Washington, DC  United States  20001
• Authors:
  • Yin, Yafeng
  • Lou, Yingyan
• Conference:
  • Transportation Research Board 86th Annual Meeting
  • Location: Washington DC, United States
  • Date: 2007-1-21 to 2007-1-25
• Date: 2007

Language

• English

Media Info

• Media Type: CD-ROM
• Features: Figures; References; Tables;
• Pagination: 30p
• Monograph Title: TRB 86th Annual Meeting Compendium of Papers CD-ROM

Subject/Index Terms

• TRT Terms: Automated toll collection; Congestion pricing; High occupancy toll lanes; Managed lanes; Mathematical models; Pricing; Rates, fares and tolls; Road pricing; Simulation; Toll roads; Transportation policy
• Subject Areas: Highways; Operations and Traffic Management; Policy; I73: Traffic Control;

Filing Info

• Accession Number: 01055813
• Record Type: Publication
• Report/Paper Numbers: 07-1806
• Files: BTRIS, TRIS, TRB
• Created Date: Feb 8 2007 6:30PM