ROAD TRAFFIC COORDINATION BY ELECTRONIC TRADING

This paper presents several market-based techniques for road traffic coordination. In particular, the question is addressed how to make it more attractive for traffic individuals to follow the suggestions of a coordination system. The presented techniques share a common principle: Drivers participate in a voluntary pool of users into which they pay and from which they receive money according to their usage of roads. The amount of payment is determined by a predefined electronic trading mechanism and the individual trading behavior of respective software units representing each individual driver. This paper compares three different trading mechanisms. The presented techniques are advantageous for the applications dynamic route assignment and individual road clearance.

• Supplemental Notes:
  • Full conference proceedings available on CD-ROM.
• Corporate Authors:

  U.S. Census Bureau

  4700 Silver Hill Road
  Washington, DC  United States  20233-0001
• Authors:
  • IWANOWSKI, S
  • Spering, W
  • Coughlin, W J
• Conference:
  • 8th World Congress on Intelligent Transport Systems
  • Location: Sydney, Australia
  • Date: 2001-9-30 to 2001-10-4
• Publication Date: 2001

Language

• English

Media Info

• Features: Figures; References;
• Pagination: 13p

Subject/Index Terms

• TRT Terms: Advanced driver information systems; Coordination; Electronic commerce; Highway traffic; Highway traffic control; Markets; User benefits; User charges
• Subject Areas: Economics; Finance; Highways; Operations and Traffic Management; Society;

Filing Info

• Accession Number: 00969395
• Record Type: Publication
• Files: TRIS
• Created Date: Feb 11 2004 12:00AM