The multi-class, multi-criterion traffic equilibrium and the efficiency of congestion pricing

  • Deren Han
  • , Hai Yang*
  • *Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

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.

Original languageEnglish
Pages (from-to)753-773
Number of pages21
JournalTransportation Research Part E: Logistics and Transportation Review
Volume44
Issue number5
DOIs
StatePublished - Sep 2008
Externally publishedYes

Keywords

  • Multi-class traffic equilibrium
  • Price of anarchy
  • Road pricing
  • System optimum
  • Value of time

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