A bi-level distributed approach for optimizing time-dependent congestion pricing in large networks: A simulation-based case study in the Greater Toronto Area

Congestion pricing is one of the most widely contemplated methods to manage traffic congestion by charging fees for the use of roads, more where and when it is congested, and less where and when it is not. This study presents a bi-level distributed approach for optimal time-dependent congestion pricing in large networks. The bi-level procedure involves a theoretical model of dynamic congestion pricing and a distributed optimization algorithm. …