Shepherd, S.P., May, A.D. and Koh, Andrew (2007) How to Design Effective Road Pricing Cordons. In: 11th World Conference on the Transportation Research, 24-28th June 2007, Berkeley, USA.
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Abstract
This paper describes three approaches to cordon location design, a judgemental approach, an optimisation approach based on Genetic Algorithms and a short-cut approach which lies between the two. The GA optimal single cordon generated benefits 80% higher than the best judgmental cordon for a simplified network of Edinburgh. The short cut approach was developed from an observation that charging on only a few of the highest marginal cost links could result in a high proportion of the system optimum or first best benefits. Initial results for Edinburgh and York have shown that the approach can double benefits compared to a judgemental cordon and more impressively achieve 93% of the GA optimal cordon benefits with only a few model runs in the case of Edinburgh.
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Copyright, Publisher and Additional Information: | Copyright held by the authors and the Institute of Transport Studies, University of Leeds. |
| Academic Units: | The University of Leeds > Faculty of Environment (Leeds) > Institute for Transport Studies (Leeds) |
| Depositing User: | Adrian May |
| Date Deposited: | 17 Mar 2008 11:53 |
| Last Modified: | 08 Feb 2013 17:05 |
| Published Version: | http://www.wctrs.org/conferences.htm |
| Status: | Published |
| Refereed: | Yes |
| URI: | http://eprints.whiterose.ac.uk/id/eprint/3701 |
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