NETNOMICS: Economic Research and Electronic Networking

, Volume 10, Issue 1, pp 5–52

Design and evaluation of road pricing: state-of-the-art and methodological advances

Article

DOI: 10.1007/s11066-008-9024-z

Cite this article as:
Tsekeris, T. & Voß, S. Netnomics (2009) 10: 5. doi:10.1007/s11066-008-9024-z

Abstract

This article provides an in-depth review of the state-of-the-art and describes methodological advances in the design and evaluation of road network pricing schemes. A number of paradigm shifts from the two polar cases of the marginal social cost pricing of road traffic congestion and revenue-maximizing road toll pricing are analyzed, as induced by the need to address realistic design complexities and constraints. The crucial role of the joint consideration of pricing strategies with optimal capacity provision and several network management measures is manifested and an integrated evaluation framework is suggested to incorporate a wide range of road pricing impacts into the scheme design process.

Keywords

Transport networksCongestion pricingRoad pricingNetwork pricingNetwork designPrivate toll road competitionCapacity investmentsEvaluation of pricing schemes

Copyright information

© Springer Science+Business Media, LLC. 2008

Authors and Affiliations

  1. 1.Centre for Planning and Economic Research (KEPE)AthensGreece
  2. 2.Department of Business and Economics, Institute of Information SystemsUniversity of HamburgHamburgGermany