Traffic Priority Mechanisms
| Autor: | Roman Zakharenko |
|---|---|
| Rok vydání: | 2020 |
| Předmět: |
050210 logistics & transportation
Mechanism design Computer science business.industry 05 social sciences Transportation 010501 environmental sciences 01 natural sciences Traffic congestion 0502 economics and business Priority queue business 0105 earth and related environmental sciences Civil and Structural Engineering Computer network |
| Zdroj: | Transportation Science. 54:1211-1224 |
| ISSN: | 1526-5447 0041-1655 |
| Popis: | In the future world of self-driving vehicles, intersections will be managed by computers that send individual commands to each passing vehicle. This paper proposes to make traffic priority contingent on the self-reported value of time of vehicle occupants. A model of two merging roads with stochastic traffic is developed. Algorithms for calculation of optimal exit sequences, accounting for time value heterogeneity, are characterized. Welfare costs of a limited planning horizon are assessed. An incentive-compatible scheme of payment for priority is calculated. Under mild conditions, the mechanism is Pareto improving, that is, benefits all parties. The optimality of the traffic volume and composition under the optimal exit regulation is established. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|