Transferable Utility Games based Intersection Control for Connected Vehicles

Pay for Intersection Priority: A Free Market Mechanism for Connected Vehicles

“…The proposed framework is compatible with existing control techniques and can, therefore, be viewed as a complementary framework, one that is meant to improve upon aspects of existing control frameworks, not compete with them. This paper extends our previous work on transferable utility games for intersection control [43] in the following ways: 1) We outline that three popular control methods that are compatible with our game framework. 2) We apply our game framework to more complex intersection layouts in our experiments.…”

Three-Player Cooperative Game With Side-Payments for Discretionary Lane Changes of Connected Vehicles

“…They minimized the vehicles' "envy" and allowed vehicles to pay to jump the queue, where "envy" is the level of desire for other vehicles' side-payment and allocation. Similar direct-transaction frameworks also work in the realtime intersection controls [24]- [27]. The key of the directtransaction mechanism is to valuate vehicles' potential time saving (PTS) using the value of time (VOT), through which researchers can transfer the time into tradable "property".…”

Comparative Analysis of Economic Instruments in Intersection Operation: A User-Based Perspective

“…Auctions can be thought of as advanced tolling schemes, whereby vehicles auction their time in ways that capture heterogeneity in value of time (VOT). Some have been used for intersection operation research and parking management research [2]- [11]. In the intersection control literature, auctions require vehicles to give prices for a priority pass, and only vehicle(s) with a higher price(s) can pay and pass with priority.…”

“…However, credit trading is itself time consuming and it renders travel a more complex process. A recent departure from auction-based mechanisms was the free-market mechanism introduced in [11], [15]- [18], in which vehicles pay each other for right-of-way as opposed to paying a third party (the system operator). Unlike auction-based approaches, these direct transaction-based approaches have the advantage that losers are directly compensated for "giving" priority.…”