Solution methods for robust pricing of transportation networks under uncertain demand

Publikation: Beitrag in FachzeitschriftForschungsartikelBeigetragenBegutachtung

Beitragende

  • Lauren M. Gardner - , University of Texas at Austin (Autor:in)
  • Avinash Unnikrishnan - , West Virginia University (Autor:in)
  • S. Travis Waller - , University of Texas at Austin (Autor:in)

Abstract

Toll prices on traffic networks have been traditionally determined using a single expected demand value or deterministic demand supply relationships. Previous work by Gardner, Unnikrishnan, and Waller (2008) show that marginal social cost prices obtained using the expected value of demand can significantly deteriorate system performance especially when the actual system state deviates from the planned forecasted conditions. Determining the globally optimal tolls which are resilient to demand uncertainty entails a significantly high number of system performance evaluations which is a computationally intensive process. This work presents two practical methods to arrive at near optimal tolls - single point approximation methods and multiple point inflation/deflation approximation methods - and compares their performance in terms of computational efficiency and proximity to the optimal solution with two other commonly used meta-heuristics - Genetic Algorithm and Adaptive Simulated Annealing. Computational tests reveal that inflation/deflation methods can provide " near to optimal solutions" using a lower number of system performances in comparison to the meta-heuristics and single point approximation methods.

Details

OriginalspracheEnglisch
Seiten (von - bis)656-667
Seitenumfang12
FachzeitschriftTransportation Research Part C: Emerging Technologies
Jahrgang18
Ausgabenummer5
PublikationsstatusVeröffentlicht - Okt. 2010
Peer-Review-StatusJa
Extern publiziertJa

Externe IDs

ORCID /0000-0002-2939-2090/work/141543829

Schlagworte

Schlagwörter

  • Networks, Pricing, Robust design, Uncertainty