Ridesharing has great potential to improve transportation efficiency while reducing congestion and pollution. To realize this potential, mechanisms are needed that allocate vehicles optimally and provide the right incentives to riders. However, many existing approaches consider restricted settings (e.g.,
only one rider per vehicle
or a common origin for all riders). Moreover,
naive applications of standard approaches, such as the Vickrey-Clarke-Groves or greedy mechanisms, cannot achieve a polynomial-time, truthful, individually rational and budget balanced mechanism. To address this, we formulate a general ridesharing problem and apply mechanism design to develop a novel mechanism which satisfies all four properties and whose social cost is within 8.6% of the optimal on average.
We consider the problem of coordination via signaling in network congestion games to improve social welfare deteriorated by incomplete information about traffic flow. Traditional studies on signaling, which focus on exogenous factors of congestion and ignore congestion externalities, fail to discuss the oscillations of traffic flow. To address this gap, we formulate a problem of designing a coordination signal on endogenous information about traffic flow and introduce a self-fulfilling characteristic of a signal that guarantees an outcome flow consistent with the signal itself without causing the unwanted oscillation. An instance of the self-fulfilling signal is shown in the case of a Gaussian signal distribution. In addition, we show simple numerical examples. The results reveal how a self-fulfilling signal suppresses the oscillation and simultaneously improves social welfare through improved network efficiency.
Autonomous intersection management has the potential to reduce road traffic congestion and energy consumption. To realize this potential, efficient algorithms are needed.
However, most existing studies locally optimize one intersection at a time, and this can cause negative externalities on the traffic network as a whole.
Here, we focus on coordinating multiple intersections,
and formulate the problem as a distributed constraint optimisation problem (DCOP). We consider three utility design approaches that trade off efficiency and fairness.
Our polynomial-time algorithm for coordinating multiple intersections reduces the traffic delay by about 41 percentage points compared to independent single intersection management approaches.
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