Optimal Toll Design Problem: A Dynamic Network Modelling Approach

This chapter focuses on time-varying optimal toll designs. The authors consider uniform and time-variable tolls during the peak, taking route choice and departure time choice responses of travelers into account. The authors demonstrate that policy objectives can be optimized by imposing tolls, and that different policy objectives can be optimized by imposing tolls, and that different policy objectives lead to different optimal tolling schemes and toll levels. Therefore, this chapter illustrates that the optimal design of road pricing depends on the policy objectives.