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This paper evaluates the impact of an area-based congestion pricing scheme in terms of its effectiveness on mitigating traffic congestion by using a system dynamics model. Unknown parameter values are calibrated using data available from the area-based pricing scheme implemented in the London...
Persistent link: https://www.econbiz.de/10010743832
This paper provides a modeling framework based on the system dynamics approach by which policy makers can understand the dynamic and complex nature of traffic congestion within a transportation socioeconomic system representation of a metropolitan area. This framework offers policy makers an...
Persistent link: https://www.econbiz.de/10008869022