• Journal of the Korean Operations Research and Management Science Society
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• v.34 no.4
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• pp.123-138
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• 2009

This study examined the first- and second-best pricing by stable dynamics in congested transportation networks. Stable dynamics, suggested by Nesterov and de Palma (2003), is a new model which describes and provides a stable state of congestion in urban transportation networks. The first-best pricing in user equilibrium models introduces user-equilibrium in the system-equilibrium by tolling the difference between the marginal social cost and the marginal private cost on each link. Nevertheless, the second-best pricing, which levies the toll on some, but not all, links, is relevant from the practical point of view. In comparison with the user equilibrium model, the stable dynamic model provides a solution equivalent to system-equilibrium if it is focused on link flows. Therefore the toll interval on each link, which keeps up the system-equilibrium, is more meaningful than the first-best pricing. In addition, the second-best pricing in stable dynamic models is the same as the first-best pricing since the toll interval is separately given by each link. As an effect of congestion pricing in stable dynamic models, we can remove the inefficiency of the network with inefficient Braess links by levying a toll on the Braess link. We present a numerical example applied to the network with 6 nodes and 9 links, including 2 Braess links.

• Journal of the Korean Association of Geographic Information Studies
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• v.25 no.2
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• pp.100-109
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• 2022

Large-scale urban concentration of population and vehicles due to economic growth in Korea has been causing serious urban transport problems. Although the collection of congestion pricing has been evaluated as the most effective transportation policy to alleviate traffic demand, its effectiveness is very limited as it was just executed around congested points or along main arterial roads. This study derived dynamic congestion zones with the average travel speed of 206 traffic analysis zones in Busan Metropolitan City to propose a dynamic congestion pricing collection system by employing Space-Time Cube Analysis and Emerging Hot Spot Analysis. As a result, dynamic hot spots were formed from 7h to 24h and particularly, traffic congestion was severely deteriorated from 18h to 20h around Seomyeon and Gwangbok-dong. Therefore, it is expected that the effect of dynamic congestion pricing will be maximized in managing traffic demand in the city center.

• Journal of Korean Society of Transportation
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• v.23 no.6 s.84
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• pp.71-80
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• 2005

With rapid development Telematics industry, the concern of dynamic road pricing system is increasing. In this study, the change of traffic flows according to traffic information and variation of congestion road prices related to the dynamic road pricing was analyzed. In this study, three facts were unfolded. First, high delay penalty and low delay penalty drivers are shown different reaction for the different congestion road prices. Second, the higher congestion road prices the more drivers convert their route from toll road to non toll road. Third, high penalty drivers are converting to toll road than low delay penalty drivers under same congestion road prices. This study has reached the conclusion that dynamic congestion pricing has a high possibility for traffic management.

• The Journal of Korean Institute of Communications and Information Sciences
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• v.31 no.8B
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• pp.764-768
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• 2006

Over the years, the widespread proliferation of multimedia services has necessitated the development for an efficient network management. In this paper, we investigate the role of adaptive online pricing mechanism in order to manage effectively the network congestion problem. Our on-line approach is dynamic and flexible that responds to current network conditions. With a simulation study, we demonstrate that our proposed scheme enhances network performance and system efficiency simultaneously under widely diverse traffic load intensities.

• The Journal of Korean Institute of Communications and Information Sciences
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• v.33 no.8B
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• pp.681-688
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• 2008

In this paper, we propose a new price-based call admission control algorithm for multi-class communication networks. When a call arrives at the network, it informs the network of the number of requested circuits and the minimum amount of time that it will require. The network provides the optimal price for the arrived call with which it tries to maximize its expected revenue. The optimal price is dynamically adjusted based on the information of the arrived call, and the present and the estimated future congestion level of the network during the reservation time of the call. If the call accepts the price, it is admitted. Otherwise, it is rejected. We compare the performance of our dynamic pricing algorithm with that of the static pricing algorithm by Courcoubetis and Reiman [1], and Paschalidis and Tsitsiklis [2]. By the comparison, we show that our dynamic pricing algorithm has better performance aspects such as higher call admission ratio and lower price than the static pricing algorithm, although these two algorithms result in almost the same revenue as shown in [2]. This implies that, in the competitive situation, the dynamic pricing algorithm can attract more users than the static pricing algorithm, generating more revenue. Moreover, we show that if a certain fixed connection fee is introduced to the price for a call, our dynamic pricing algorithm yields more revenue.

• Journal of Communications and Networks
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• v.18 no.3
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• pp.513-522
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• 2016

We propose a mechanism for monitoring load in quality of service (QoS)-enabled wireless networks and show how it can be used for network management as well as for dynamic pricing. Mobile network traffic, especially video, has grown exponentially over the last few years and it is anticipated that this trend will continue into the future. Driving factors include the availability of new affordable, smart devices, such as smart-phones and tablets, together with the expectation of high quality user experience for video as one would obtain at home. Although new technologies such as long term evolution (LTE) are expected to help satisfy this demand, the fact is that several other mechanisms will be needed to manage overload and congestion in the network. Therefore, the efficient management of the expected huge data traffic demands is critical if operators are to maintain acceptable service quality while making a profit. In the current work, we address this issue by first investigating how the network load can be accurately monitored and then we show how this load metric can then be used to provide creative pricing plans. In addition, we describe its applications to features like traffic offloading and user satisfaction tracking.

• Proceedings of the IEEK Conference
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• 2008.06a
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• pp.163-164
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• 2008

In this paper, we study a dynamic price-based call admission control algorithm for communication networks. When a call arrives at the network, the network calculates the price for the call such that its expected revenue is maximized. The optimal price is dynamically adjusted based on some information of the call, and the congestion level of the network. If the call accept the price, it is admitted. Otherwise, it is rejected. Simulation results show that our dynamic pricing algorithm provides higher call admission ratio and lower price than the static algorithm [1][2], even though they provide almost the same revenue.

• International conference on construction engineering and project management
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• 2020.12a
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• pp.493-502
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• 2020

Traditionally, road projects are initiated based on an assessment of their economic benefit, after which the environmental, social and governance effects are addressed discretely for the project according to a set of predetermined alternatives. Sustainable road infrastructure planning is vital as issues like diminishing access to road construction supplies, water scarcity, Greenhouse Gas emissions, road-related fatalities and congestion pricing etc., have imposed severe economic, social, and environmental damages to the society. In the process of addressing these sustainability factors in the operational phase of the project, the dynamics of these factors are generally ignored. This paper argues that effective delivery of sustainable roads should consider such dynamics and highlights how different aspects of sustainability have the potential to affect project sustainability. The paper initially presents the different sustainability-assessment tools that have been developed to determine the sustainability performance of road projects and discuss the inability of these tools to model the interrelationships among sustainability-related factors. The paper then argues the need for a new assessment framework that facilitates modelling these dynamics at the macro-level (system level) and helping policymakers for sustainable infrastructure planning through evaluating regulatory policies.