• DocumentCode
    3063262
  • Title

    The Social Welfare for the Separable Road Toll Function

  • Author

    Shi, Chaofeng

  • Author_Institution
    Dept. of Financial & Econ., Chongqing Jiaotong Univ., Chongqing, China
  • fYear
    2012
  • fDate
    23-26 June 2012
  • Firstpage
    528
  • Lastpage
    530
  • Abstract
    This paper considers a congested bottleneck, where some travelers are given priority and other travelers can use the reserverd capacity when it is not used. In this paper, a quasiconcave function of the scheduling utility is considered, which is weaker than a strictly concave function used by Mogens Fosgerau (2011). Furthermore, this paper proves that the socially optimal fast lane scheme for the separable toll function obtains more than half the social welfare for the optimal continuously time varying toll, which generalizes the results in Mogens Fosgerau (2011).
  • Keywords
    road pricing (tolls); scheduling; transportation; congested bottleneck; quasiconcave function; reserverd capacity; scheduling utility; separable road toll function; separable toll function; social welfare; socially optimal fast lane scheme; strictly concave function; time varying toll; Economics; Educational institutions; Equations; Nash equilibrium; Roads; Schedules; separable road toll functions; social welfare; toll road; traffic networks;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Computational Sciences and Optimization (CSO), 2012 Fifth International Joint Conference on
  • Conference_Location
    Harbin
  • Print_ISBN
    978-1-4673-1365-0
  • Type

    conf

  • DOI
    10.1109/CSO.2012.120
  • Filename
    6274781