Chapter
Apr 26, 2012
Optimal Pricing Models and Implications for Toll Management of Expressways in China
Publication: Applications of Advanced Technologies in Transportation Engineering (2004)
Abstract
This paper first presents optimal pricing models of urban highway and explains optimal prices, optimal capacity and their relationship. Then the paper applies the principles of the models to traffic characteristics analysis and toll management of expressways in China. Finally the paper provides some policy recommendations.
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© 2004 American Society of Civil Engineers.
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Published online: Apr 26, 2012
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Louie Nan Liu, Ph.D.
Associate Professor, College of Management, Zhejiang University, 20 Yugu Road, Hangzhou 310027, CHINA
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