Predictive analytics improves toll pricing in smart networks, highlighting traffic flow and user behavior.
This paper presents a cognitive AI-powered predictive analytics system for dynamic toll pricing optimization that revolutionizes traffic management and revenue generation in smart transportation networks. The proposed Cognitive Dynamic Pricing System (CDPS) combines advanced machine learning with behavioral economics principles to optimize toll prices in real-time based on traffic conditions, demand patterns, environmental factors, and user behavior. Our methodology integrates multiple AI techniques including deep learning for traffic prediction, reinforcement learning for pricing optimization, and natural language processing for social media sentiment analysis related to traffic and pricing policies. The cognitive component continuously analyzes traffic flows, weather conditions, special events, and economic indicators to predict traffic demand and optimize toll prices to achieve desired traffic distribution goals. We introduce a novel multi-objective optimization algorithm that simultaneously maximizes revenue, minimizes congestion, and maintains user satisfaction while considering environmental impact and social equity factors. The system includes behavioral modeling capabilities that predict how different user segments respond to pricing changes, enabling personalized pricing strategies. Our implementation processes real-time data from thousands of sensors, connected vehicles, and mobile applications to make dynamic pricing decisions every few minutes. Experimental validation using traffic data from major metropolitan toll networks shows 38% improvement in traffic flow optimization and 28% increase in overall network efficiency while maintaining public acceptance of dynamic pricing policies.
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Sarath Babu Gosipathala (2025) studied this question.
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