Convergence of day-to-day traffic flow dynamics under tradable bottleneck permits

K. Wada, T. Akamatsu, S. Kikuchi

Research output: Chapter in Book/Report/Conference proceedingConference contribution

5 Citations (Scopus)

Abstract

Previously, Akamatsu et al. proposed tradable bottleneck permits as a new transportation demand management scheme and proved the efficiency thereof for a general network. To implement such a scheme, we propose a multi-agent system for general transportation networks. The aim of this system is to achieve a socially optimal state in which the total transportation cost is minimized by the decentralized behaviour of agents. As a concrete step in designing the proposed system, we first define the micro behaviour of the agents. We also assume that the trading markets for bottleneck permits are described by a ttonnement process. We then derive day-to-day dynamics of aggregated traffic flows and permit prices. By analyzing the macro dynamics, we prove that the mean dynamics of the aggregated variables (flows and permit prices) converge to a socially optimal state.

Original languageEnglish
Title of host publicationUrban Transport XIV
Subtitle of host publicationUrban Transport and the Environment in the 21st Century
Pages579-588
Number of pages10
DOIs
Publication statusPublished - 2008
Event14th International Conference on Urban Transport and the Environment in the 21st Century, Urban Transport 2008 - , Malta
Duration: 2008 Sep 12008 Sep 3

Publication series

NameWIT Transactions on the Built Environment
Volume101
ISSN (Print)1743-3509

Other

Other14th International Conference on Urban Transport and the Environment in the 21st Century, Urban Transport 2008
Country/TerritoryMalta
Period08/9/108/9/3

Keywords

  • Evolutionary game theory
  • Multi-agent system
  • Tradable bottleneck permits

ASJC Scopus subject areas

  • Architecture
  • Civil and Structural Engineering
  • Building and Construction
  • Automotive Engineering
  • Safety, Risk, Reliability and Quality
  • Arts and Humanities (miscellaneous)
  • Transportation
  • Safety Research
  • Computer Science Applications

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