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How to design effective road pricing cordons

Shepherd, SP, May, AD and Koh, A (2008) How to design effective road pricing cordons. Proceedings of Institution of Civil Engineers: Transport, 161 (3). 155 - 165 . ISSN 0965-092X

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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 genetic algorithm optimal single cordon generated benefits that were 80% higher than the best judgemental 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 achieve 93% of the genetic algorithm optimal cordon benefits with only a few model runs in the case of Edinburgh

Item Type: Article
Keywords: road pricing, cordons
Academic Units: The University of Leeds > Faculty of Environment (Leeds) > Institute for Transport Studies (Leeds)
Depositing User: Symplectic Publications
Date Deposited: 30 Jan 2012 10:34
Last Modified: 08 Feb 2013 17:36
Published Version: http://dx.doi.org/10.1680/tran.2008.161.3.155
Status: Published
Publisher: Institution of Civil Engineers Publishing
Identification Number: 10.1680/tran.2008.161.3.155
URI: http://eprints.whiterose.ac.uk/id/eprint/43642

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