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Dynamic Congestion Pricing


Marketed By :  LAP LAMBERT Academic Publishing   Sold By :  Kamal Books International  
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  • Product Description

The theory behind road pricing suggests that, in order to reach social optimum conditions, a toll needs to be charged which is equal to the difference between social marginal costs (which include external costs that users impose on each other on a congested road) and private average costs of users (travel delays, fuel, maintenance etc.)In recent years, with the help of technological developments such as electronic toll collection system, pricing can be done dynamically, that is, tolls can be set in a real-time fashion according to the on-line measured traffic conditions. Dynamic pricing is only being used in High Occupancy Toll (HOT) lanes. However time-dependent pricing idea can be used in a network setting where drivers have to make route choices that are relatively more complex than the choices they make in the case of HOT lanes. This book aims to explore the idea of dynamic pricing application for the crossings through simulation based analysis.

Product Specifications
SKU :COC70064
AuthorEnder Faruk Morgul
Number of Pages156
Publishing Year2011-10-24T00:00:00.000
Edition1 st
Book TypeEconomics
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-07-08 00:00:00