The multi-class, multi-criterion traffic equilibrium and the efficiency of congestion pricing |
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| Authors: | Deren Han Hai Yang |
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| Affiliation: | aSchool of Mathematics and Computer Sciences, Nanjing Normal University, Nanjing 210097, PR China;bDepartment of Civil Engineering, The Hong Kong University of Science and Technology, Clear Water Bay, Kowloon, Hong Kong, PR China |
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| Abstract: | We consider the effect of the so-called second-best tolls on the price of anarchy of the traffic equilibrium problem where there are multiple classes of users with a discrete set of values of time. We derive several bounds of the price of anarchy for this problem when the tolls are considered and not considered as part of the system cost, with the time-based criterion and the cost-based criterion, respectively. All the bounds give us useful information on the effect of the tolls, which can be used to design network toll schemes. |
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| Keywords: | Multi-class traffic equilibrium System optimum Price of anarchy Value of time Road pricing |
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