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An Eco-Engineering Mathematical Model For The Traffic Congestion Fee

Author

Listed:
  • MALIK BESHIR MALIK

    (Department of Mathematics and Computer Science, University of Maryland Eastern Shore, Princess Anne, MD 21853, USA)

  • MUSTAFA BABIKER

    (Saudi Aramco, P. O. Box 5000, Dhahran 31311, Saudi Arabia)

Abstract

Traffic congestion is becoming a problem all over the world and physical expansion of road networks is becoming not the best option due to cost and other reasons. This paper considers the option of a congestion pricing model and explains its rationale and parametric estimation. The case of a city is studied to reflect on the potential of data collection mechanisms and public participation and awareness.

Suggested Citation

  • Malik Beshir Malik & Mustafa Babiker, 2010. "An Eco-Engineering Mathematical Model For The Traffic Congestion Fee," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 55(03), pages 575-583.
    • Handle: RePEc:wsi:serxxx:v:55:y:2010:i:03:n:s0217590810003900
    DOI: 10.1142/S0217590810003900
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    More about this item

    Keywords

    Simulation; traffic congestion pricing; social marginal cost; eco-engineering model; flow speed elasticity; Intelligent Vehicle Highway Systems; C31;
    All these keywords.

    JEL classification:

    • C31 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions; Social Interaction Models

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