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- W633325835 abstract "Equity concerns associated with various pricing schemes in transportation systems have garnered increased attention in the recent past. In the context of high occupancy toll (HOT) lanes, income inequity potentially exists whereby higher-income travelers may reap the benefits of HOT lane facilities. This paper proposes an income-based multi-toll pricing approach to simultaneously maximize the toll revenue and address this equity concern. The problem is formulated as a bi-level program and agent-based modeling is used to determine the toll prices. Results from numerical experiments indicate that a multi-toll pricing scheme is more equitable and can yield higher revenues compared to scenario where a single toll price is charged across all travelers." @default.
- W633325835 created "2016-06-24" @default.
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- W633325835 date "2014-01-01" @default.
- W633325835 modified "2023-09-23" @default.
- W633325835 title "Design of Equitable Toll Prices for High-Occupancy-Toll Lanes" @default.
- W633325835 hasPublicationYear "2014" @default.
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