@inproceedings{af78cac7bd1749a6a52e1586b67e9300,
title = "Dynamic toll pricing model for an intelligent transportation system with individual high occupancy toll lanes",
abstract = "High occupancy toll (HOT) lanes increase the utilization of resources by allowing voluntarily users who are willing to pay a premium to access the high occupancy vehicle (HOV) lanes. The payment method for enabling HOT lanes is based on communication between a vehicle transponder and roadside communication systems. They can operate dynamically for a fixed or variable toll rate depending on peak or rush hour conditions. In this study, we focus on a dynamic toll pricing where drivers can choose between the HOT lane or the GP lane. In general, the objective of toll pricing strategies is to minimize the total travel time cost or the total travel time. Thus, we develop the two individual dynamic toll pricing models to determine the optimal toll rate for HOT lane.",
keywords = "Mathematical model, Pricing, Vehicle dynamics, Vehicles, Wireless communication, Wireless sensor networks",
author = "Hong, {Ki Sung} and Chulung Lee and Kyungchul Lee",
note = "Publisher Copyright: {\textcopyright} 2015 IEEE.; 5th International Conference on IT Convergence and Security, ICITCS 2015 ; Conference date: 24-08-2015 Through 27-08-2015",
year = "2015",
month = oct,
day = "5",
doi = "10.1109/ICITCS.2015.7292976",
language = "English",
series = "2015 5th International Conference on IT Convergence and Security, ICITCS 2015 - Proceedings",
publisher = "Institute of Electrical and Electronics Engineers Inc.",
booktitle = "2015 5th International Conference on IT Convergence and Security, ICITCS 2015 - Proceedings",
}