Mathematical and Economic Theory of Road Pricing
- 1st Edition - September 30, 2005
- Imprint: Elsevier Science
- Authors: Hai Yang, Hai-Jun Huang
- Language: English
- eBook ISBN:9 7 8 - 0 - 0 8 - 0 4 5 6 7 1 - 3
This book provides the most recent methodological advances in applying advanced modeling techniques to road pricing. Distinguished from othermonographs that have focused on the emp… Read more
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Request a sales quoteThis 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; dynamic road pricing.
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; dynamic road pricing.
Valuable for any academic or professional reader interested in or involved in implementing road pricing.
Students & researchers
Introduction. Fundamentals of User-Equilibrium Problems. The First-Best Road Pricing Problems. The Second-Best Road Pricing Problems: A Sensitivity Analysis Based Approach.The Second-Best Road Pricing Problems: A Gap Function Based Approach. Discriminatory and Anonymous Road Pricing. Social and Spatial Equities and Revenue Redistribution. Pricing, Capacity Choice and Financing. Simultaneous Determination of Optimal Toll Levels and Locations. Sequential Pricing Experiments with Limited Information. Bounding the Efficiency Gain or Loss of Road Pricing. Dynamic Road Pricing: Single and Parallel Bottleneck Models. Dynamic Road Pricing: General Network Models.
- Edition: 1
- Published: September 30, 2005
- Imprint: Elsevier Science
- Language: English
- eBook ISBN: 9780080456713
HY
Hai Yang
Prof. Hai Yang is currently a Chair Professor in the Department of Civil and Environmental Engineering, The Hong Kong University of Science and Technology. He received his Bachelor degree from Wuhan University, China, and PhD from Kyoto University, Japan. Prof. Yang is internationally known as an active scholar in the field of transportation, with nearly 300 papers published in SCI/SSCI indexed journals. He has received a number of national and international awards, including JSCE Outstanding Paper Award (1991); Distinguished Overseas Young Investigator Award from the National Natural Science Foundation of China (2004); National Natural Science Award bestowed by the State Council of China (2011); HKUST School of Engineering Research Excellence Awards (2012); Frank M. Masters Transportation Engineering Award, American Society of Civil Engineers (ASCE) (2020); and 2021 ASCE Francis C. Turner Award. He is an elected permanent member of the International Advisory Committee of the International Symposium on Transportation and Traffic Theory.
Affiliations and expertise
Chair Professor, Department of Civil and Environmental Engineering, The Hong Kong University of Science and Technology, Hong KongHH
Hai-Jun Huang
Affiliations and expertise
Beijing University of Aeronautics and Astronautics, China