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How to Design Effective Road Pricing Cordons

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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