Li, Zhi-Chun; Wang, Ya-Dong; Lam, William; Sumalee, Agachai - In: Networks and Spatial Economics 14 (2014) 2, pp. 133-158
This paper addresses the design issue of sustainable cordon toll pricing schemes in a monocentric city. An analytical model that maximizes the total social welfare of urban system is first proposed for simultaneous optimization of the cordon toll location and charge level. The solution...