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.

Language

  • English

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Filing Info

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