System optimum, stochastic user equilibrium, and optimal link tolls

System optimum, stochastic user equilibrium, and optimal link tolls

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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:
Keywords: economics
Abstract:

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.

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