Applications of Heuristic Algorithms to Optimal Road Congestion Pricing - Hardcover

Graham, Don

Hardcover

ISBN 10: 1032415657 ISBN 13: 9781032415659

Publisher: CRC Press, 2023

Synopsis

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.

About this title

About the Author

Don Graham is a Data Scientist and Consultant. He served as data science professor at Northwestern University and transportation professor at Florida Institute of Technology for over ten years, in addition to working in industry at The Institute for Defense Analysis, Lockheed, and AVIS.

Edition details

• Publisher: CRC Press
• Publication date: 2023
• Language: English
• ISBN 10: 1032415657
• ISBN 13: 9781032415659
• Binding: Hardcover
• Edition number: 1
• Number of pages: 142