Dynamic Revenue Management of Toll Road Projects in Networks under OD Demand Uncertainty

• NAGAE Takeshi

  神戸大学大学院自然科学研究科

Bibliographic Information

Other Title

• 交通需要の不確実性を考慮したネットワークの動的有料道路料金更新問題

Abstract

This article proposes a framework for analyzing a dynamic revenue management problem of a toll road project in a network, taking into account total transportation demand uncertainty. In our framework, the toll is switched between several discrete levels depending on the observed transportation demand at each moment, in order to maximize the expected net present value of total revenues from the toll road. We formulate this as a stochastic impulse control problem. We then reveal that this problem reduces to a set of generalized linear complementarity problem in an appropriate discrete framework. This enables us to develop an efficient algorithm.

Journal

• INFRASTRUCTURE PLANNING REVIEW

  INFRASTRUCTURE PLANNING REVIEW 23 955-961, 2006

  Japan Society of Civil Engineers

Keywords

• 交通制御
• 交通網計画
• 確率的制御

Details

• CRID: 1390282679614831360
• NII Article ID: 130004039546
• DOI: 10.2208/journalip.23.955
• ISSN: 18848303
• ISSN: 09134034
• Data Source:
  • JaLC
  • Crossref
  • CiNii Articles
  • KAKEN
• Abstract License Flag: Disallowed