01520405

Component

https://doi.org/10.3141/2423-05

http://scholar.google.com...igal&publication_year=2014

This paper proposes an auction system implemented with vehicle-to-infrastructure devices to toll and to allocate traffic. Vehicles bid for paths before entering the network. By solving an optimization problem, the system assigns vehicles to paths and computes the corresponding toll. A mathematical model of this auction is presented and analyzed. The paper proves that this auction mechanism guarantees truthful reporting and maximizes social utility. The auction is then tested on a network with 5,100 vehicles. The paper also discusses the use of the auction as a toll-setting mechanism for high-occupancy vehicle or high-occupancy toll lanes.

01539923

14-4712

English

pp 35–43

2014

Transportation Research Record: Journal of the Transportation Research Board

9780309295192

Print

Figures (7) ; References (23) ; Tables (1)

High occupancy toll lanes; High occupancy vehicle lanes; Intelligent transportation systems; Mathematical models; Tolls

Vehicle infrastructure integration

Auction

Data and Information Technology; Finance; Highways; Operations and Traffic Management; I10: Economics and Administration; I70: Traffic and Transport

TRIS, TRB, ATRI

Jan 27 2014 3:39PM

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