1,876 research outputs found

    Private operators and time-of-day tolling on a congested road network

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    Private-sector involvement in the construction and operation of roads is growing around the world and private toll roads are seen as a useful tool in the battle against congestion. Yet serious concerns remain about exercise of monopoly power if private operators can set tolls freely. A number of theoretical studies have investigated private toll-road pricing strategies, and compared them with first-best and second-best public tolls. But most of the analyses have employed simple road networks and/or used static models that do not capture the temporal dimension of congestion or describe the impacts of tolling schemes that vary by time of day. This paper takes a fresh look at private toll road pricing using METROPOLIS: a dynamic traffic simulator that treats endogenously choices of transport mode, departure time and route at the level of individual travellers. Simulations are performed for the peak-period morning commute on a stylized urban road network with jobs concentrated towards the centre of the city. Tolling scenarios are defined in terms of what is tolled (traffic lanes, whole links, or toll rings) and how tolls are varied over time. Three administration regimes are compared. The first two are the standard polar cases: social surplus maximization by a public-sector operator, and unconstrained profit maximization by a private-sector operator. The third regime entails varying tolls in steps to eliminate queuing on the tolled links. It is a form of third-best tolling that could be implemented either by a public operator or by the private sector under quality-of-service regulation. Amongst the results it is found that the no-queue tolling regime performs favourably compared to public step tolling, and invariably better than private tolling. Another provisional finding is that a private operator has less incentive than does a public operator to implement time-of-day congestion pricing.

    A preliminary safety evaluation of route guidance comparing different MMI concepts

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    Pricing, Investment, and Network Equilibrium

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    Despite rapidly emerging innovative road pricing and investment principles, the development of a long run network dynamics model for necessary policy evaluation is still lagging. This research endeavors to fill this gap and models the impacts of road financing policies throughout the network equilibration process. The manner in which pricing and investment jointly shape network equilibrium is particularly important and explored in this study. The interactions among travel demand, road supply, revenue mechanisms and investment rules are modeled at the link level in a network growth simulator. After assessing several measures of effectiveness, the proposed network growth model is able to evaluate the short- and long-run impacts of a broad spectrum of road pricing and investment policies on large-scale road networks, which can provide valuable information to decision-makers such as the implications of various policy scenarios on social welfare, financial situation of road authorities and potential implementation problems. Some issues hard to address in theoretical analysis can be examined in the agent-based simulation model. As a demonstration, we apply the network growth model to assess marginal and average pricing scenarios on a sample network. Even this relatively simple application provides new insights into issues around road pricing that have not previously been seriously considered. For instance, the results disclose a potential problem of over-investment when the marginal cost pricing scheme is adopted in conjunction with a myopic profit-neutral investment policy.Transportation network equilibrium; Road growth; Pricing; Congestion toll; Investment; Transport policy analysis.

    Weighting Waiting: Evaluating the Perception of In-Vehicle Travel Time Under Moving and Stopped Conditions

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    This paper describes experiments comparing traditional computer administered stated preference with virtual experience stated preference to ascertain how people value stopped delay compared with stop-and- go or freeflow traffic. The virtual experience stated preference experiments were conducted using a wrap around driving simulator. The two methods produced two different results, with the traditional computer assisted stated preference suggesting that ramp delay is 1.6 Ð 1.7 times more onerous than freeway time, while the driving simulator based virtual experience stated preference suggested that freeway delay is more onerous than ramp delay. Several reasons are hypothesized to explain the differences, including recency, simultaneous versus sequential comparison, awareness of public opinion, the intensity of the stop-and-go traffic, and the fact that driving in the real-world is a goal directed activity. However without further research, which, if any, of these will eventually prove to be the reason is unclear. What is clear is that a comparison of the computer administered stated preference with virtual experience stated preference produces different results, even though both procedures strive to find the same answers in nominally identical sets of conditions. Because people experience the world subjectively, and make decisions based on those subjective experiences, future research should be aimed at better understanding the differences between these subjective methodologies.transportation, travel behavior, driving simulator, ramp meters

    Traffic Congestion Pricing Methods and Technologies

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    This paper reviews the methods and technologies for congestion pricing of roads. Congestion tolls can be implemented at scales ranging from individual lanes on single links to national road networks. Tolls can be differentiated by time of day, road type and vehicle characteristics, and even set in real time according to current traffic conditions. Conventional toll booths have largely given way to electronic toll collection technologies. The main technology categories are roadside-only systems employing digital photography, tag and beacon systems that use short-range microwave technology, and in vehicle-only systems based on either satellite or cellular network communications. The best technology choice depends on the application. The rate at which congestion pricing is implemented, and its ultimate scope, will depend on what technology is used and on what other functions and services it can perform. Since congestion pricing calls for the greatest overall degree of toll differentiation, congestion pricing is likely to drive the technology choice.Road pricing; Congestion pricing; Electronic Toll Collection technology

    Optimal and Long-Term Dynamic Transport Policy Design: Seeking Maximum Social Welfare through a Pricing Scheme.

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    This article presents an alternative approach to the decision-making process in transport strategy design. The study explores the possibility of integrating forecasting, assessment and optimization procedures in support of a decision-making process designed to reach the best achievable scenario through mobility policies. Long-term evaluation, as required by a dynamic system such as a city, is provided by a strategic Land-Use and Transport Interaction (LUTI) model. The social welfare achieved by implementing mobility LUTI model policies is measured through a cost-benefit analysis and maximized through an optimization process throughout the evaluation period. The method is tested by optimizing a pricing policy scheme in Madrid on a cordon toll in a context requiring system efficiency, social equity and environmental quality. The optimized scheme yields an appreciable increase in social surplus through a relatively low rate compared to other similar pricing toll schemes. The results highlight the different considerations regarding mobility impacts on the case study area, as well as the major contributors to social welfare surplus. This leads the authors to reconsider the cost-analysis approach, as defined in the study, as the best option for formulating sustainability measures
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