Dynamic distance-based pricing scheme for high-occupancy-toll lanes along a freeway corridor
Irene Mart\'inez, Wen-Long Jin

TL;DR
This paper introduces a novel analytical approach to dynamic pricing for HOT lanes along a freeway corridor with multiple origins, destinations, and bottlenecks, using a simple differential equation model and feedback control.
Contribution
It proposes a distance-based dynamic pricing scheme using a linear combination of I-controllers, providing an analytical framework for stability and optimality in complex corridor traffic.
Findings
The proposed control scheme is mathematically tractable and stable.
Analytical results show existence of an optimal equilibrium under constant demand.
Numerical simulations confirm the effectiveness of the pricing scheme during peak periods.
Abstract
Single-occupancy vehicles (SOVs) are charged to use the highoccupancy-toll (HOT) lanes, while high-occupancy-vehicles (HOVs) can drive in them at no cost. The pricing scheme for HOT lanes has been extensively studied at local bottlenecks or at the network level through computationally expensive simulations. However, the HOT lane pricing study on a freeway corridor with multiple origins and destinations as well as multiple interacting bottlenecks is a challenging problem for which no analytical results are available. In this paper, we attempt to fill the gap by proposing to study the traffic dynamics in the corridor based on the relative space paradigm. In this new paradigm, the interaction of multiple bottlenecks and trips can be captured with Vickrey's bathtub model by a simple ordinary differential equation. We consider three types of lane choice behavior and analyze their properties.…
Peer Reviews
No public reviews on file for this paper yet. If you reviewed it on a platform where reviews are public (OpenReview, ICLR, NeurIPS, ICML), you can paste yours below so the community can read it here.
Videos
No videos yet. Explain this paper in a talk, walkthrough, or lecture? Add one.
Taxonomy
TopicsTraffic control and management · Transportation Planning and Optimization · Traffic Prediction and Management Techniques
MethodsEmirates Airlines Office in Dubai
