As congestion pricing has moved from theoretical ideas in the literature to real world implementations, the need for decision support when designing the pricing schemes has become evident. This paper deals with the problem of finding optimal toll levels and locations in a road traffic network, and presents a case study of Stockholm. The optimization problem of finding optimal toll levels, given a predetermined cordon, and the problem of finding both optimal toll locations and levels are presented, and previously developed heuristics are used for solving these problems. For the Stockholm case study, the possible welfare gains of optimizing the toll levels in the current cordon, and optimizing both the toll locations and their corresponding toll levels are evaluated. It is shownthat by tuning the toll levels in the current congestion pricing cordon used in Stockholm, the welfare gain can be significantly increased, and furthermore improved by allowing a toll on the bypass highway “Essingeleden”. It is also shown that by optimizing both the toll locations and levels, a congestion pricing scheme with welfare gain close to what can be achieved by marginal social cost pricing, can be designed with tolls being located on only a forth of the tollable links.
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