Article ID: | iaor2001879 |
Country: | United States |
Volume: | 33 |
Issue: | 4 |
Start Page Number: | 354 |
End Page Number: | 360 |
Publication Date: | Nov 1999 |
Journal: | Transportation Science |
Authors: | Yang Hai |
Keywords: | economics |
Previous studies have shown that the Wardropian system optimum may not necessarily be supported as a (logit-based) stochastic user equilibrium (SUE) by finite and meaningful link tolls. This paper demonstrates that the classical principle of marginal-cost pricing is still applicable in a network under SUE from the standpoint of economic benefit maximization within the context of the classical consumer behavior theory. The marginal-cost link tolls are shown to be meaningful from both economic and behavioral viewpoints, and therefore proposed to be a good alternative to drive an SUE flow pattern toward system optimum.