Corpus ID: 2771377

A Computable Theory of Dynamic Congestion Pricing

@inproceedings{Friesz2007ACT,
  title={A Computable Theory of Dynamic Congestion Pricing},
  author={Terry L. Friesz and C. Kwon and Reetabrata Mookherjee},
  year={2007}
}
This paper presents a theory of dynamic congestion pricing for the day-to-day as well as the within-day time scales. The equilibrium design problem emphasized herein takes the form of a Mathematical Program with Equilibrium Constraints (MPEDC), which is called the Dynamic Optimal Toll Problem with Equilibrium Constraints (DOTPEC). The DOPTEC formulation the authors employ recalls an important earlier result that allows the equilibrium design problem to be stated as a single level problem, a… Expand
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