Traffic Congestion Pricing Combination Design based on Gini Coefficient

Research Area: Volume 5,Issue 6, Nov. 2016 Year: 2016
Type of Publication: Article Keywords: Bi level Programming Model, Gini Coefficient, Traffic Congestion Charging, Parking Charging
Authors:
  • Linxiao Song
  • Rende Yu
  • Ting Pan
Journal: IJEIR Volume: 5
Number: 6 Pages: 364-368
Month: November
ISSN: 2277-5668
Abstract:
Pricing is one of the important research topics of road congestion charging policy. Bi-level programming model is highly effective in research traffic congestion charging. Road congestion charging policy and parking charge policy are combined to transform the bi-level programming pricing model, using Gini coefficient which is resource allocation fairness index. Gini coefficient function and parameters for controlling the Gini coefficient were added into the model. The designation of traffic congestion charging and parking charging for different fairness requirements could be gotten through the selecting of different control parameters. This new model could not only make the objective function as large as possible, but also balance the fairness of the system. Examples have shown that the results, the road network resource utilization and system fairness could be improved using the charging model which is considering Gini coefficient.

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