Cordon Pricing Consistent with the Physics of Overcrowding.

Loading...
Thumbnail Image

Persistent link to this item

Statistics
View Statistics

Journal Title

Journal ISSN

Volume Title

Title

Cordon Pricing Consistent with the Physics of Overcrowding.

Published Date

2009

Publisher

Springer

Type

Article
Book chapter

Abstract

This paper describes the modeling of recurring congestion in a network. It is shown that the standard economic models of marginal cost cannot describe precisely traffic congestion in networks during time-dependent conditions. Following a macroscopic traffic approach, we describe the equilibrium solution for a congested network in the no-toll case. A dynamic model of cordon-based congestion pricing (such as for the morning commute) for networks is developed consistent with the physics of traffic.  The paper combines Vickrey’s theory with a macroscopic traffic model, which is readily observable with existing monitoring technologies. The paper also examines some policy implications of the cordon-based pricing to treat equity and reliability issues, i.e. in what mobility level a city should choose to operate. An application of the model in a downtown area shows that these schemes can improve mobility and relieve congestion in cities.

Description

Related to

Replaces

License

Series/Report Number

Funding information

Isbn identifier

Doi identifier

http://dx.doi.org/10.1007/978-1-4419-0820-9_11

Previously Published Citation

Geroliminis, Nikolas and David Levinson (2009) Cordon Pricing Consistent with the Physics of Overcrowding. (219-240) in Transportation and Traffic Theory 2009: Golden Jubilee. (ed. William H. K. Lam, S. C. Wong and Hong K. Lo) Springer.

Suggested citation

Geroliminis, Nikolas; Levinson, David M. (2009). Cordon Pricing Consistent with the Physics of Overcrowding.. Retrieved from the University Digital Conservancy, http://dx.doi.org/10.1007/978-1-4419-0820-9_11.

Content distributed via the University Digital Conservancy may be subject to additional license and use restrictions applied by the depositor. By using these files, users agree to the Terms of Use. Materials in the UDC may contain content that is disturbing and/or harmful. For more information, please see our statement on harmful content in digital repositories.