Research on Inference of Optimal Toll Standard for Expressway

In this paper, one method to determine price of toll highway is identified and a case study conducted. In the case study, the differential benefits of toll road users are estimated, and the optimal ratio between price and benefits is found. Based on this optimal ratio, the rational price system of toll highway are decided and the present pricing system evaluated. The method will also provide the tool for deciding and monitoring toll fee for the favor of utilization of toll roads in China.