ROAD TRAFFIC COORDINATION BY ELECTRONIC TRADING

This paper suggests the use of market-based techniques for road traffic coordination that make it more attractive for drivers to follow the suggestions of a coordination system. The represented techniques share a common principle: drivers participate in a voluntary pool of users. They pay into this pool or receive money from this pool according to their use of the roads. The amount of payment is determined by a predefined electronic trading procedure in which each driver participates by an automated software unit representing the individual driver's intentions. This paper compares three different trading mechanisms. The presented techniques are advantageous for the applications dynamic route assignment and individual road clearance. Market-based techniques are independent of a prior set-up of traffic models and analyses and are expected to have a higher degree of flexibility and adaptability than traditional traffic demand management systems.

• Record URL:
  http://www.sciencedirect.com/science/article/B6VGJ-497YS93-3/2/adf799a8ce1d6628b5d527db8954eb68
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/0968090X
• Corporate Authors:

  Elsevier

  The Boulevard, Langford Lane
  Kidlington, Oxford  United Kingdom  OX5 1GB
• Authors:
  • IWANOWSKI, S
  • Spering, W
  • Coughlin, W J
• Publication Date: 2003-10

Language

• English

Media Info

• Features: Figures; References;
• Pagination: p. 405-422
• Serial:
  • Transportation Research Part C: Emerging Technologies
  • Volume: 11
  • Issue Number: 5
  • Publisher: Elsevier
  • ISSN: 0968-090X
  • Serial URL: http://www.sciencedirect.com/science/journal/0968090X

Subject/Index Terms

• TRT Terms: Advanced driver information systems; Advanced traffic management systems; Drivers; Dynamic traffic assignment; Market value; Traffic models; Travel demand management
• Uncontrolled Terms: Electronic trading; Traffic coordination
• Subject Areas: Economics; Highways; Operations and Traffic Management; Planning and Forecasting; Society; I72: Traffic and Transport Planning;

Filing Info

• Accession Number: 00964738
• Record Type: Publication
• Files: TRIS, ATRI
• Created Date: Oct 25 2003 12:00AM