Marginal Congestion Cost Pricing in a Multi-agent Simulation Investigation of the Greater Berlin Area

In this paper, an innovative agent-based marginal congestion cost-pricing approach was applied successfully to the real-world case study of Greater Berlin. To the best of the author's knowledge, the general principles of marginal congestion cost pricing have never been applied to a real-world c...

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Bibliographic Details
Published in:Journal of transport economics and policy 2015-10, Vol.49 (4), p.560-578
Main Author: Kaddoura, Ihab
Format: Article
Language:English
Subjects:
Berlin Germany
Marginal costs
Route choice
Simulation
Studies
Traffic congestion
Traffic control
Online Access:Get full text
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Summary:In this paper, an innovative agent-based marginal congestion cost-pricing approach was applied successfully to the real-world case study of Greater Berlin. To the best of the author's knowledge, the general principles of marginal congestion cost pricing have never been applied to a real-world city model on such a sophisticated level of detail. Link-specific marginal delay costs are computed for each simulated time step at a microscopic, truly agent-based level. The simulation experiments indicate a great potential to reduce congestion by means of intelligent pricing and reconsiderations of route choice decisions.
ISSN:0022-5258
1754-5951