Optimal toll locations and toll levels in congestion pricing schemes: a case study of Stockholm
2014 (English)In: Transportation planning and technology (Print), ISSN 0308-1060, E-ISSN 1029-0354, Vol. 37, no 4, 333-353 p.Article in journal (Refereed) Published
As congestion pricing has moved from theoretical ideas in the literature to real-world implementation, the need for decision support when designing pricing schemes has become evident. This paper deals with the problem of finding optimal toll levels and locations in a road traffic network and presents a case study of Stockholm. The optimisation problem of finding optimal toll levels, given a predetermined cordon, and the problem of finding both optimal toll locations and levels are presented, and previously developed heuristics are used for solving these problems. For the Stockholm case study, the possible welfare gains of optimising toll levels in the current cordon and optimising both toll locations and their corresponding toll levels are evaluated. It is shown that by tuning the toll levels in the current congestion pricing cordon used in Stockholm, the welfare gain can be increased significantly, and furthermore improved by allowing a toll on a major bypass highway. It is also shown that, by optimising both toll locations and levels, a congestion pricing scheme with welfare gain close to what can be achieved by marginal social cost pricing can be designed with tolls being located on only a quarter of the tollable links.
Place, publisher, year, edition, pages
2014. Vol. 37, no 4, 333-353 p.
congestion pricing, road tolls, bilevel optimisation, user equilibrium, network design, Stockholm
Transport Systems and Logistics
IdentifiersURN: urn:nbn:se:kth:diva-147039DOI: 10.1080/03081060.2014.897129ISI: 000334158100002ScopusID: 2-s2.0-84898918029OAI: oai:DiVA.org:kth-147039DiVA: diva2:728477
QC 201406242014-06-242014-06-232014-06-24Bibliographically approved