Proportionally fair flow markets for transportation networks
Soheila Aalami and
Lina Kattan
Transportation Research Part B: Methodological, 2022, vol. 157, issue C, 24-41
Abstract:
The concept of proportionally fair markets for transportation networks is studied. The goal is to find methods for flow allocation to origin/destination pairs in urban communities which is fair, efficient, and able to dynamically adapt to the changes in origin/destinations and traffic network. Two flow markets are designed and studied. Distributed and dynamic algorithms are developed to find the proportional fair allocation of flow among competing origin/destinations. Additionally, existence, uniqueness and stability of the equilibrium points are proved for both markets. Our numerical simulations supplement the stability and practicality of our proposed algorithms.
Keywords: Flow markets; Proportional fairness; Transportation networks; Flow assignment; Distributed algorithms (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:eee:transb:v:157:y:2022:i:c:p:24-41
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DOI: 10.1016/j.trb.2021.12.012
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