2022
DOI: 10.1109/tits.2020.3048475
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Pay for Intersection Priority: A Free Market Mechanism for Connected Vehicles

Abstract: The rapid development and deployment of vehicle technologies offer opportunities to rethink intersection operations. This paper capitalizes on vehicle connectivity and proposes a cooperative framework for allocating priority at intersections. Similar to free markets, our framework allows vehicles to trade their time based on their (disclosed) value of time. We design the framework based on transferable utility games, where winners (time buyers) pay losers (time sellers) in each game. Our cooperative framework … Show more

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Cited by 17 publications
(12 citation statements)
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“…However, it assumed vehicles interacting with a central agent that made decisions for them and vehicles obeyed that central system. Lin and Jabari [17] introduced a free market mechanism to set the intersection priority. One could pay for faster movement in their model.…”
Section: Related Workmentioning
confidence: 99%
“…However, it assumed vehicles interacting with a central agent that made decisions for them and vehicles obeyed that central system. Lin and Jabari [17] introduced a free market mechanism to set the intersection priority. One could pay for faster movement in their model.…”
Section: Related Workmentioning
confidence: 99%
“…Vasirani and Ossowski [39] proposed a combinatorial auction for assigning turns at intersections. Censi et al [4] introduced a karmabased auction and Lin and Jabari [24] proposed a mechanism for pricing intersection priority based on transferable utility games. However, these auctions are not incentive-compatible.…”
Section: Prior Workmentioning
confidence: 99%
“…To prevent collisions and deadlocks, it is necessary to determine the order in which agents take turns to navigate the traffic scenario [3], [16], [24], [34], [35], [39]. Thus, the goal of this paper (formalized shortly via Problem III.1) is to compute an optimal turn-based ordering which is defined as follows, Definition III.1.…”
Section: E Problem Statementmentioning
confidence: 99%
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“…TSE is a critical precursor to a number of real-time traffic control strategies with either conventional vehicles or a mix with connected and autonomous vehicles [27,39,61]. Such strategies include, but are not limited to, ramp metering, perimeter control, traffic signal control, and vehicle routing [11,25,32,45,62,67]. Existing TSE methods are categorized and discussed below, along with their advantages and drawbacks.…”
Section: Introductionmentioning
confidence: 99%