As development of ITS technologies, the electronic toll collection (ETC) allows to developdiverse strategies for value pricing such as ERP(Electronic Road Pricing), HOT(High-Occupancy/Toll Lane Facility) lane, and FAIR (FAst and Intertwined Regular) lane system. Afew developed countries have been applied these toll collection methods on the freeway andstored quite amount of data needed for analyzing their impacts on highway system. However,many of developing countries have not yet been experienced so, they need a macroscopic modelfor decision in choosing toll collection strategy best for their transportation environment beforeimplementing it.The purpose of this study is to propose macroscopic model to analyze the prospective effects ofvalue pricing strategies, and to compare their results. Three charging methods, ERP, HOT lane,FAIR lane, are simulated by using the proposed model. The results show that there was a sizeableincrease in freeway capacity and in average travel speed on the tolled express lanes. It is alsofound that ERP system is superior in overall revenue from charging toll compared to othermethods.
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