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.


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    Title :

    Combinatorial Auction to Allocate Traffic


    Additional title:

    Transportation Research Record: Journal of the Transportation Research Board


    Contributors:
    Zhou, Hao (author) / Saigal, Romesh (author)


    Publication date :

    2014-01-01




    Type of media :

    Article (Journal)


    Type of material :

    Electronic Resource


    Language :

    English



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