Modeling Toll Lanes and Dynamic Pricing Control

@article{Dorogush2015ModelingTL,
  title={Modeling Toll Lanes and Dynamic Pricing Control},
  author={Elena G. Dorogush and Alex A. Kurzhanskiy},
  journal={CoRR},
  year={2015},
  volume={abs/1505.00506}
}
In this paper we address the problem of dynamic pricing for toll lanes on freeways. The proposed toll mechanism is broken up into two parts: (1) the supply side feedback control that computes the desired split ratios for the incoming traffic flows between the general purpose and the toll lanes; and (2) the demand side price setting algorithm that aims to enforce the computed split ratios. The split ratio controller is designed and tested in the context of the link-node Cell Transmission Model… CONTINUE READING
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