Roadway Pricing for Optimizing Transportation Networks
Advancements in connected and automated vehicle technology present many opportunities for highly optimized traffic management mechanisms. One such mechanism, micro-tolling, has been the focus of a line of recently presented studies. In the micro-tolling paradigm, a centralized system manager sets different toll values for each link in a given traffic network with the objective of optimizing the system's performance. Computing or learning this set of tolls (those optimizing the system's performance) is a challenging task unless making several restrictive assumptions. During this talk I will discuss such assumptions that enable exact solution. Next, I will discuss more realistic settings where the restrictive assumptions do not hold.