1997
DOI: 10.1016/s0191-2615(97)00005-2
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Analysis of the time-varying pricing of a bottleneck with elastic demand using optimal control theory

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Cited by 136 publications
(43 citation statements)
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“…In an earlier time, to solve the no-toll commuting equilibrium, Small and Chu (2003) assumed that a commuter's travel time depends on traffic density at his or her arrival time. This assumption is also adopted in some other studies, e.g., Mahmassani and Herman (1984), Yang and Huang (1997) . Later, Geroliminis and Levinson (2009) extended Small and Chu (2003) by considering user heterogeneity in desired arrival time, and incorporating various pricing strategies to eliminate congestion.…”
Section: Introductionmentioning
confidence: 99%
“…In an earlier time, to solve the no-toll commuting equilibrium, Small and Chu (2003) assumed that a commuter's travel time depends on traffic density at his or her arrival time. This assumption is also adopted in some other studies, e.g., Mahmassani and Herman (1984), Yang and Huang (1997) . Later, Geroliminis and Levinson (2009) extended Small and Chu (2003) by considering user heterogeneity in desired arrival time, and incorporating various pricing strategies to eliminate congestion.…”
Section: Introductionmentioning
confidence: 99%
“…Most of the existing literature, however, is based on deterministic settings, with either a fixed capacity and demand (Vickrey 1969;Arnott et al 1990b;Lindsey 2004;Huang and Lam 2002), or a pre-defined elastic demand function (Arnott et al 1993;Yang and Huang 1997). In reality, not only does travel time increase with traffic volume, but there is also a wide range of randomness in the micro behavior of traffic and traffic conditions.…”
Section: Introductionmentioning
confidence: 99%
“…The concept of congestion pricing [2,3] was put forward on the basis of marginal cost pricing principle of economics. The major congestion pricing models are the static models (Walters [4], Dafermos and Sparrow [5], Dafermos [6], Yang and Huang [7]) and the dynamic models (Wie and Tobin [8], Yang and Hai-Jun [9], Arnott et al [10]). Some scholars (Walters [4], Yang and Huang [7], Yildirim and Hearn [11]) proposed each link of the network should be charged according to the theory of marginal cost pricing.…”
Section: Introductionmentioning
confidence: 99%