Proceedings of the Eastern Asia Society for Transportation Studies, Vol.6, 2007 AN ESTIMATION OF THE APPLICABLE LONG-RUN ROAD PRICING CONSIDERED CAPITAL INVESTMENT AND THE DEGREE OF CONGESTIONS Kyungwoo KANG Dongyong CHOI Professor Master candidate Transportation Engineering Transportation Engineering University of Hanyang University of Hanyang Sa-1dong, Sangrok-gu, Ansan Sa-1dong, Sangrok-gu, Ansan 425-791 KOREA 425-791 KOREA Fax : +82-31-406-6290 Fax : +82-31-406-6290 E-mail :
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[email protected] Wookag KOOK Jongheun KIM Ph.D candidate Ph.D candidate Transportation Engineering Transportation Engineering University of Hanyang University of Hanyang Sa-1dong, Sangrok-gu, Ansan Sa-1dong, Sangrok-gu, Ansan 425-791 KOREA 425-791 KOREA Fax : +82-31-406-6290 Fax : +82-31-406-6290 E-mail :
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[email protected] Abstract: In this paper, we estimated changeable road pricing while considering the capital and congestion degree, that could be applicable in the long term (Gangbyeon Expressway). We investigated traffic volume and speed(unit per 15 minutes, 2005. Jan. 10 - 2005. Jan. 14.). Then we determined congestion areas as when the average pass speed of vehicle is under 30km/h on Expressway occurred over 3 times a day. The 13 sections were investigated out of the total of 43 sections. These sections are between Nanji I.C. and the northern end of Sungsoo Bridge. As a result, there were some differences among each section(13 sections, average length : 1.38km), but we were able to estimate the range of road pricing which is 900 ~2,300won, that is in accordance with the degree of congestion.