Optimal road pricing strategy in a car-bus network

The conference is jointly organized by Hong Kong Society for Transportation Studies and Department of Management Sciences, The City University of Hong KongWhile road pricing was originally advocated for its potential to benefit private car travel, this paper explores the feasibility of using road pricing to benefit public bus travel. A simulation model is employed to predict the consequences of implementing road pricing in a car-bus network. Using a simple network, it is shown that a suitably designed road pricing scheme can enable bus operators improve quality of service to passengers without increasing the operation cost