A hybrid implementation mechanism of tradable network permits system which obviates path enumeration: An auction mechanism with day-to-day capacity control
Akamatsu (2007a,b) proposed a new dynamic traffic congestion control scheme called tradable network permits, and demonstrated its efficiency properties for general road networks. To implement tradable permit markets, this paper proposes a novel auction mechanism with capacity control. This mechanism employs an evolutionary approach to achieve a dynamic system optimal allocation of network permits in a computationally efficient manner. The authors prove that the proposed mechanism has the following desirable properties: (i) truthful bidding is a dominant strategy for each user on each day and (ii) the permit allocation pattern under the mechanism converges to a dynamic system optimal allocation pattern.
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/issn/13665545
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Supplemental Notes:
- Abstract reprinted with permission from Elsevier.
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Authors:
- Wada, Kentaro
- Akamatsu, Takashi
- Publication Date: 2013-12
Language
- English
Media Info
- Media Type: Print
- Features: Appendices; Figures; References; Tables;
- Pagination: pp 94-112
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Serial:
- Transportation Research Part E: Logistics and Transportation Review
- Volume: 60
- Issue Number: 0
- Publisher: Elsevier
- ISSN: 1366-5545
- Serial URL: http://www.sciencedirect.com/science/journal/13665545
Subject/Index Terms
- TRT Terms: Capacity restraint; Congestion pricing; Dynamic traffic assignment; Permits; Road pricing; Traffic congestion; Travel demand management
- Uncontrolled Terms: Road networks
- Subject Areas: Highways; Operations and Traffic Management; Planning and Forecasting; I72: Traffic and Transport Planning;
Filing Info
- Accession Number: 01505452
- Record Type: Publication
- Files: TRIS
- Created Date: Jan 27 2014 11:20AM