Optimal Public Transport Pricing: Towards an Agent-based Marginal Social Cost Approach

MC-ICAM Approach to Pricing in Transport

Availability: Public (only once status above is "Accepted") The question whether marginal cost pricing should be applied in the transportation sector has attained a great deal of attention during the last few years. It is argued that marginal cost pricing, or marginal social cost pricing – a term used when one wishes to emphasise that the pricing is applied by a government / regulator – would s...

Developing an urban congestion pricing model by considering sustainability improvement and using a multi-objective optimization approach

This paper introduces a Travel Demand Management (TDM) model in order to decrease the transportation externalities by affecting on passengers’travel choices. Thus, a bi-objective bi-modal optimization model for road pricing is developed aiming to enhance environmental and social sustainability by considering to minimize the air pollution and maximize the social welfare as its objectives. This m...

Optimal public transport pricing: Flat pricing vs. user-specific marginal social cost charging

Improving Long Run Marginal Cost based Pricing along with Extended Benefit Factor method for Revenue Reconciliation of Transmission Network in Restructured Power System

Abstract : There are several methods to cover the costs of a transmission system and distribution networks. These methods are divided into either incremental or marginal approaches, which can be either long-term or short-term. The main difference between the incremental and marginal approach is how to calculate the cost of using the network. In the incremental approach, simulation and in the ma...

Transmission Cost Allocation in Restructured Power Systems Based on Nodal Pricing Approach by Controlling the Marginal Prices

This paper presents a method to allocate the transmission network costs to users based on nodal pricing approach by regulating the nodal prices from the marginal point to the new point. Transmission nodal pricing based on marginal prices is not able to produce enough revenue to recover the total transmission network costs. However, according to the previous studies in this context, this met...