Chapter
Apr 26, 2012
Dynamic Congestion Pricing in Urban Transit System
Authors: Qiong Tian [email protected], Hai Yang [email protected], Haijun Huang [email protected], and Hui MouAuthor Affiliations
Publication: International Conference on Transportation Engineering 2009
Abstract
This paper investigates the first-best dynamic congestion pricing scheme in urban transit system based on the fundamental economic principle of marginal-cost pricing. It is found that for the large capacity urban transit, such as subway, the first-best pricing should be carried out based on segments and the duration of peak period will extend. The closer the intermediate station to the terminal station is, the longer the congestion charging period should be. A numerical example is used to illustrate the application of the proposed pricing framework.
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© 2009 American Society of Civil Engineers.
History
Published online: Apr 26, 2012
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ASCE Technical Topics:
- Business management
- Contracts and subcontracts
- Economic factors
- Engineering fundamentals
- Infrastructure
- Methodology (by type)
- Numerical methods
- Practice and Profession
- Pricing
- Public transportation
- Rail transportation
- Subways
- Traffic congestion
- Traffic engineering
- Traffic management
- Transportation engineering
- Transportation management
- Urban and regional development
- Urban areas
Authors
Affiliations
School of Management, Beijing University of Aeronautics and Astronautics, China. E-mail: [email protected]
Department of Civil Engineering, Hong Kong University of Science and Technology, China.E-mail: [email protected]
School of Management, Beijing University of Aeronautics and Astronautics, China. E-mail: [email protected]
Hui Mou
School of Management, Beijing University of Aeronautics and Astronautics, China
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