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Applications of Heuristic Algorithms to Optimal Road Congestion Pricing
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Applications of Heuristic Algorithms to Optimal Road Congestion Pricing

Book Details

Format Hardback or Cased Book
ISBN-10 1032415657
ISBN-13 9781032415659
Publisher Taylor & Francis Ltd
Imprint CRC Press
Country of Manufacture GB
Country of Publication GB
Publication Date Oct 4th, 2023
Print length 142 Pages
Weight 304 grams
Dimensions 14.20 x 22.40 x 1.50 cms
Ksh 10,450.00
Werezi Extended Catalogue 0 in stock

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This outlines a method for dynamic pricing of high-occupancy toll lanes based on non-linear programming techniques, finite difference stochastic approximation, genetic algorithms and simulated annealing stochastic algorithms, coupled with vector autoregressive techniques, producing a solution for optimal flows and optimal tolls.

Road congestion imposes major financial, social, and environmental costs. One solution is the operation of high-occupancy toll (HOT) lanes. This book outlines a method for dynamic pricing for HOT lanes based on non-linear programming (NLP) techniques, finite difference stochastic approximation, genetic algorithms, and simulated annealing stochastic algorithms, working within a cell transmission framework. The result is a solution for optimal flow and optimal toll to minimize total travel time and reduce congestion.

ANOVA results are presented which show differences in the performance of the NLP algorithms in solving this problem and reducing travel time, and econometric forecasting methods utilizing vector autoregressive techniques are shown to successfully forecast demand.

  • The book compares different optimization approaches
  • It presents case studies from around the world, such as the I-95 Express HOT Lane in Miami, USA

Applications of Heuristic Algorithms to Optimal Road Congestion Pricing is ideal for transportation practitioners and researchers.


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