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.
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.
|Copyright, Publisher and Additional Information:||Copyright held by the authors and the Institute of Transport Studies, University of Leeds.|
|Institution:||The 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:||17 Sep 2016 08:33|