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Article: An estimation of efficient time-varying tolls for cross harbor tunnels in Hong Kong

TitleAn estimation of efficient time-varying tolls for cross harbor tunnels in Hong Kong
Authors
KeywordsCongestion
congestion pricing
time-varying toll
Issue Date2011
PublisherWorld Scientific Publishing Co Pte Ltd. The Journal's web site is located at http://www.worldscinet.com/ser/ser.shtml
Citation
Singapore Economic Review, 2011, v. 56 n. 4, p. 467-488 How to Cite?
AbstractThis work estimates the distribution of a time-varying toll over a 24-hour period that minimizes the combined queue length of the three tunnels that traverse Hong Kong's Victoria Harbour, taking into account institutional constraints. Our results reveal that switching from a flat toll to a time-varying toll scheme would eliminate all existing tunnel queues. We argue that optimal tunnel tolling, coupled with the nonstop electronic toll collection mechanism already in place, could be the first step toward the implementation of electronic road pricing in Hong Kong. Optimal tolling would obviate the need to build a fourth harbor crossing in the near future. © 2011 World Scientific Publishing Company.
Persistent Identifierhttp://hdl.handle.net/10722/144524
ISSN
2015 Impact Factor: 0.221
2015 SCImago Journal Rankings: 0.179
ISI Accession Number ID
References

 

DC FieldValueLanguage
dc.contributor.authorHau, TDen_HK
dc.contributor.authorLoo, BPYen_HK
dc.contributor.authorWong, KIen_HK
dc.contributor.authorWong, SCen_HK
dc.date.accessioned2012-02-03T06:12:14Z-
dc.date.available2012-02-03T06:12:14Z-
dc.date.issued2011en_HK
dc.identifier.citationSingapore Economic Review, 2011, v. 56 n. 4, p. 467-488en_HK
dc.identifier.issn0217-5908en_HK
dc.identifier.urihttp://hdl.handle.net/10722/144524-
dc.description.abstractThis work estimates the distribution of a time-varying toll over a 24-hour period that minimizes the combined queue length of the three tunnels that traverse Hong Kong's Victoria Harbour, taking into account institutional constraints. Our results reveal that switching from a flat toll to a time-varying toll scheme would eliminate all existing tunnel queues. We argue that optimal tunnel tolling, coupled with the nonstop electronic toll collection mechanism already in place, could be the first step toward the implementation of electronic road pricing in Hong Kong. Optimal tolling would obviate the need to build a fourth harbor crossing in the near future. © 2011 World Scientific Publishing Company.en_HK
dc.languageengen_US
dc.publisherWorld Scientific Publishing Co Pte Ltd. The Journal's web site is located at http://www.worldscinet.com/ser/ser.shtmlen_HK
dc.relation.ispartofSingapore Economic Reviewen_HK
dc.rightsSingapore Economic Review. Copyright © World Scientific Publishing Co Pte Ltd.en_US
dc.subjectCongestionen_HK
dc.subjectcongestion pricingen_HK
dc.subjecttime-varying tollen_HK
dc.titleAn estimation of efficient time-varying tolls for cross harbor tunnels in Hong Kongen_HK
dc.typeArticleen_HK
dc.identifier.emailHau, TD: timhau@hku.hken_HK
dc.identifier.emailLoo, BPY: bpyloo@hku.hken_HK
dc.identifier.emailWong, SC: hhecwsc@hku.hken_HK
dc.identifier.authorityHau, TD=rp01068en_HK
dc.identifier.authorityLoo, BPY=rp00608en_HK
dc.identifier.authorityWong, SC=rp00191en_HK
dc.description.naturelink_to_subscribed_fulltext-
dc.identifier.doi10.1142/S0217590811004432en_HK
dc.identifier.scopuseid_2-s2.0-84855612089en_HK
dc.identifier.hkuros198600en_US
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-84855612089&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume56en_HK
dc.identifier.issue4en_HK
dc.identifier.spage467en_HK
dc.identifier.epage488en_HK
dc.identifier.eissn1793-6837-
dc.identifier.isiWOS:000299094600002-
dc.publisher.placeSingaporeen_HK
dc.identifier.scopusauthoridHau, TD=24404637500en_HK
dc.identifier.scopusauthoridLoo, BPY=7005145560en_HK
dc.identifier.scopusauthoridWong, KI=7404760031en_HK
dc.identifier.scopusauthoridWong, SC=24323361400en_HK

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