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Subscription Models for Differential Access to Real-Time Information

EasyChair Preprint 11011

5 pagesDate: October 3, 2023

Abstract

Traffic systems exhibit supply-side uncertainty which is alleviated through real-time information. This article explores subscription models for a private agency sharing data at a fixed rate. A multiclass strategy-based equilibrium model is developed for two classes of subscribed and unsubscribed travelers, whose optimal strategy given the link-state costs is modeled as a Markov decision process (MDP) and a partially-observable MDP, respectively. A utility-based subscription choice model is formulated to study the impacts of subscription rates on the percentage of travelers choosing to subscribe. Solutions to the fixed-point formulation are determined using iterative algorithms. The proposed subscription model can be used for designing optimal subscription rates in various settings where real-time information can be a valuable routing tool such as express lanes, parking systems, roadside delivery, and routing of vulnerable road users.

Keyphrases: Multiclass Equilibrium Models, adaptive routing, real-time information, subscription services

BibTeX entry
BibTeX does not have the right entry for preprints. This is a hack for producing the correct reference:
@booklet{EasyChair:11011,
  author    = {Venktesh Pandey and Anusha Neupane and Hyoshin Park},
  title     = {Subscription Models for Differential Access to Real-Time Information},
  howpublished = {EasyChair Preprint 11011},
  year      = {EasyChair, 2023}}
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