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.
| Original language | English |
|---|---|
| Title of host publication | 2015 5th International Conference on IT Convergence and Security, ICITCS 2015 - Proceedings |
| Publisher | Institute of Electrical and Electronics Engineers Inc. |
| ISBN (Print) | 9781467365376 |
| DOIs | |
| Publication status | Published - 2015 Oct 5 |
| Externally published | Yes |
| Event | 5th International Conference on IT Convergence and Security, ICITCS 2015 - Kuala Lumpur, Malaysia Duration: 2015 Aug 24 → 2015 Aug 27 |
Other
| Other | 5th International Conference on IT Convergence and Security, ICITCS 2015 |
|---|---|
| Country | Malaysia |
| City | Kuala Lumpur |
| Period | 15/8/24 → 15/8/27 |
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Keywords
- Mathematical model
- Pricing
- Vehicle dynamics
- Vehicles
- Wireless communication
- Wireless sensor networks
ASJC Scopus subject areas
- Computer Networks and Communications
- Signal Processing
Cite this
Dynamic toll pricing model for an intelligent transportation system with individual high occupancy toll lanes. / Hong, Ki Sung; Lee, Chul Ung; Lee, Kyungchul.
2015 5th International Conference on IT Convergence and Security, ICITCS 2015 - Proceedings. Institute of Electrical and Electronics Engineers Inc., 2015. 7292976.Research output: Chapter in Book/Report/Conference proceeding › Conference contribution
}
TY - GEN
T1 - Dynamic toll pricing model for an intelligent transportation system with individual high occupancy toll lanes
AU - Hong, Ki Sung
AU - Lee, Chul Ung
AU - Lee, Kyungchul
PY - 2015/10/5
Y1 - 2015/10/5
N2 - 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.
AB - 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.
KW - Mathematical model
KW - Pricing
KW - Vehicle dynamics
KW - Vehicles
KW - Wireless communication
KW - Wireless sensor networks
UR - http://www.scopus.com/inward/record.url?scp=84961730237&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84961730237&partnerID=8YFLogxK
U2 - 10.1109/ICITCS.2015.7292976
DO - 10.1109/ICITCS.2015.7292976
M3 - Conference contribution
AN - SCOPUS:84961730237
SN - 9781467365376
BT - 2015 5th International Conference on IT Convergence and Security, ICITCS 2015 - Proceedings
PB - Institute of Electrical and Electronics Engineers Inc.
ER -