Dynamic toll pricing model for an intelligent transportation system with individual high occupancy toll lanes

Ki Sung Hong, Chul Ung Lee, Kyungchul Lee

Research output: Chapter in Book/Report/Conference proceedingConference contribution

1 Citation (Scopus)

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 languageEnglish
Title of host publication2015 5th International Conference on IT Convergence and Security, ICITCS 2015 - Proceedings
PublisherInstitute of Electrical and Electronics Engineers Inc.
ISBN (Print)9781467365376
DOIs
Publication statusPublished - 2015 Oct 5
Externally publishedYes
Event5th International Conference on IT Convergence and Security, ICITCS 2015 - Kuala Lumpur, Malaysia
Duration: 2015 Aug 242015 Aug 27

Other

Other5th International Conference on IT Convergence and Security, ICITCS 2015
CountryMalaysia
CityKuala Lumpur
Period15/8/2415/8/27

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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

Hong, K. S., Lee, C. U., & Lee, K. (2015). Dynamic toll pricing model for an intelligent transportation system with individual high occupancy toll lanes. In 2015 5th International Conference on IT Convergence and Security, ICITCS 2015 - Proceedings [7292976] Institute of Electrical and Electronics Engineers Inc.. https://doi.org/10.1109/ICITCS.2015.7292976