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Decentralizing Pareto-efficient network flow/speed patterns with hybrid schemes of speed limit and road pricing

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  • Wang, Xiaolei
  • Ye, Hongbo
  • Yang, Hai

Abstract

This paper examines the potential of hybrid schemes of speed limit and road pricing for decentralizing Pareto-efficient flow/speed patterns that minimize total travel time and total emissions simultaneously. Both link flows and speeds are treated as independent variables in our bi-objective formulation. The resulting Pareto frontier is thus weakly dominant to that in previous literature. For any such favorable Pareto-efficient flow and speed pattern, we establish the existence of hybrid schemes of speed limits and non-negative/revenue-neutral tolls, whose set of user equilibrium (UE) solutions contains the Pareto-efficient one, and provide sufficient conditions under which the Pareto-efficient solution can be certainly obtained.

Suggested Citation

  • Wang, Xiaolei & Ye, Hongbo & Yang, Hai, 2015. "Decentralizing Pareto-efficient network flow/speed patterns with hybrid schemes of speed limit and road pricing," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 83(C), pages 51-64.
    • Handle: RePEc:eee:transe:v:83:y:2015:i:c:p:51-64
    DOI: 10.1016/j.tre.2015.08.004
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    Cited by:

    1. Zhiyuan Liu & Wen Yi & Shuaian Wang & Jun Chen, 2017. "On the Uniqueness of User Equilibrium Flow with Speed Limit," Networks and Spatial Economics, Springer, vol. 17(3), pages 763-775, September.
    2. Zhong, Shaopeng & Jiang, Yu & Nielsen, Otto Anker, 2022. "Lexicographic multi-objective road pricing optimization considering land use and transportation effects," European Journal of Operational Research, Elsevier, vol. 298(2), pages 496-509.
    3. Qixiu Cheng & Jun Chen & Honggang Zhang & Zhiyuan Liu, 2021. "Optimal Congestion Pricing with Day-to-Day Evolutionary Flow Dynamics: A Mean–Variance Optimization Approach," Sustainability, MDPI, vol. 13(9), pages 1-15, April.
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    5. Xin Lin & Chris M. J. Tampère & Stef Proost, 2020. "Optimizing Traffic System Performance with Environmental Constraints: Tolls and/or Additional Delays," Networks and Spatial Economics, Springer, vol. 20(1), pages 137-177, March.

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