Dokka Venkata Satyanaraya, Trivikram and Zemkoho, Alain and Sen Gupta, Sonali and Talla Nobibon, Fabrice (2016) Robust toll pricing. Working Paper. UNSPECIFIED.
Full text not available from this repository.Abstract
We study the toll pricing problem introduced by Labbe et al. (1998) when the non-toll costs on the network are not xed and can vary over time. We assume that users who take their decisions after the tolls are xed by toll-setter have full information of all costs before making their decision. Toll-setter, on the other hand, do not have full information of the future costs on the network. The only information toll-setter have is historical information (sample) of the network costs. In this work we study this problem on a simple parallel network in single origin-destination setting. We formulate toll-setting problem in this setting as a distributionally robust optimization problem and propose a method to solve to it.We illustrate the usefulness of our approach by doing numerical experiments using a simple parallel network. Key words