Mathematical and Economic Theory of Road Pricing

By Hailiang Yang, Haijun Huang. 2005

413 citations recorded by the source corpus.

This book provides the most recent methodological advances in applying advanced modeling techniques to road pricing. Distinguished from other monographs that have focused on the empirical aspects, policy experiences, and environmental issues of road congestion and road pricing, most studies presented in the book are carried out within the general network equilibrium context with rigorous optimization and economic theories. Topics discussed in the book include: fundamentals of traffic equilibrium problems; principle of marginal-cost road pricing; models and algorithms for the general second-best road pricing problems; discriminatory and anonymous road pricing; social and spatial equities; Pareto pricing and revenue refunding schemes; pricing, capacity choice and financing; simultaneous determination of toll levels and locations; sequential pricing experiments with limited information; bounding the efficiency of road pricing; and dynamic road pricing. It is valuable for any academic or professional reader interested in or involved in implementing road pricing.

Subfields: Transportation

View Paper: https://www.semanticscholar.org/paper/4af253aada6abace4832c65cd7dcc935a8196901

How researchers see this paper

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In Transportation

1. Tim Roughgarden
2. Xiaolei Wang
3. Shuaian Wang
4. Zhiyuan Liu
5. Hai Yang
6. Qiang Meng

Citations in the corpus

• Optimal Distance Tolls under Congestion Pricing and Continuously Distributed Value of Time (2012, background): “There are numerous achievements on the congestion pricing studies (Small, 1992; Yang and Huang, 2005; Lawphongpanich et al., 2006; Han and Yang, 2008; Verhoef et al., 2008; etc.).”
• Managing network mobility with tradable credits (2011, background): “Comprehensive reviews have been published by Yang and Huang (2005), Lawphongpanich et al. (2006), Lindsey (2006, 2010), and recently Tsekeris and Voss (2009).”
• Selfish routing and the price of anarchy (2005, background): “See Yang and Huang [88], for example, for an introduction to this research area.”