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Related papers: Modeling Toll Lanes and Dynamic Pricing Control

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We consider the problem of incentivization and optimal control of autonomous vehicles for improving traffic congestion. In our scenario, autonomous vehicles must be incentivized in order to participate in traffic improvement. Using the…

Optimization and Control · Mathematics 2020-06-18 Uroš Kalabić , Piyush Grover , Shuchin Aeron

This paper examines the problem of pricing spread options under some models with jumps driven by Compound Poisson Processes and stochastic volatilities in the form of Cox-Ingersoll-Ross(CIR) processes. We derive the characteristic function…

Pricing of Securities · Quantitative Finance 2014-09-04 Pablo Olivares , Matthew Cane

Consider a (logical) link between two distributed data centers with available bandwidth designated for both deadline-driven elastic traffic, such as for scheduled synchronization services, and profitable inelastic traffic, such as for…

Systems and Control · Electrical Eng. & Systems 2025-09-11 Patrick Kreidl

Ride-sourcing platforms often face imbalances in the demand and supply of rides across areas in their operating road-networks. As such, dynamic pricing methods have been used to mediate these demand asymmetries through surge price…

Data Structures and Algorithms · Computer Science 2021-06-29 Renos Karamanis , Eleftherios Anastasiadis , Marc Stettler , Panagiotis Angeloudis

Motivated by the fact that intelligent traffic control systems have become inevitable demand to cope with the risk of traffic congestion in urban areas, this paper develops a distributed control strategy for urban traffic networks. Since…

Systems and Control · Electrical Eng. & Systems 2020-05-06 Viet Hoang Pham , Kazunori Sakurama , Shaoshuai Mou , Hyo-Sung Ahn

In recent years the modelling of traffic flow using methods from statistical physics, especially cellular automata models have allowed simulations of large traffic networks faster than real time. In this paper, we study a probabilistic…

Soft Condensed Matter · Physics 2007-05-23 M. E. Larraga , J. A. del Rio

Electric power generation, transmission, and distribution systems are attracting a large amount of interest from researchers with the development of the smart grid technologies. A smart grid aims at effective control and conditioning of the…

Systems and Control · Electrical Eng. & Systems 2020-09-01 Abhishek Tyagi , Ram Bhagat

Significant development of ride-sharing services presents a plethora of opportunities to transform urban mobility by providing personalized and convenient transportation while ensuring efficiency of large-scale ride pooling. However, a core…

Multiagent Systems · Computer Science 2021-06-15 Marina Haliem , Ganapathy Mani , Vaneet Aggarwal , Bharat Bhargava

In a Shared Mobility on Demand Service (SMoDS), dynamic pricing plays an important role in the form of an incentive for the decision of the empowered passenger on the ride offer. Strategies for determining the dynamic tariff should be…

Optimization and Control · Mathematics 2020-07-06 Yue Guan , Anuradha M. Annaswamy , H. Eric Tseng

To enable autonomous vehicles to perform discretionary lane change amidst the random traffic flow on highways, this paper introduces a decision-making and control method for vehicle lane change based on Model Predictive Control (MPC). This…

Systems and Control · Electrical Eng. & Systems 2024-04-04 Zishun Zheng , Yihan Wang , Yuan Lin

This study presents a distributed gradient-based approach to solve system optimal dynamic traffic assignment (SODTA) formulated based on the cell transmission model. The algorithm distributes SODTA into local sub-problems, who find optimal…

Optimization and Control · Mathematics 2021-12-30 Mehrzad Mehrabipour , Ali Hajbabaie

Existing inefficient traffic light control causes numerous problems, such as long delay and waste of energy. To improve efficiency, taking real-time traffic information as an input and dynamically adjusting the traffic light duration…

Machine Learning · Computer Science 2019-02-19 Xiaoyuan Liang , Xunsheng Du , Guiling Wang , Zhu Han

This paper presents a queueing network approach to the analysis and control of mobility-on-demand (MoD) systems for urban personal transportation. A MoD system consists of a fleet of vehicles providing one-way car sharing service and a team…

Performance · Computer Science 2014-09-30 Rick Zhang , Marco Pavone

In this paper, we propose a decision making algorithm intended for automated vehicles that negotiate with other possibly non-automated vehicles in intersections. The decision algorithm is separated into two parts: a high-level decision…

Robotics · Computer Science 2019-08-02 Tommy Tram , Ivo Batkovic , Mohammad Ali , Jonas Sjöberg

We study the problem of planning routes in road networks when certain streets or areas are closed at certain times. For heavy vehicles, such areas may be very large since many European countries impose temporary driving bans during the…

Data Structures and Algorithms · Computer Science 2020-04-21 Alexander Kleff , Frank Schulz , Jakob Wagenblatt , Tim Zeitz

Frequency dynamics in power systems reflect active power imbalance in real time, thereby providing an instantaneous signal to inform electricity pricing. However, existing real-time markets operate on much slower timescales and fail to…

Systems and Control · Electrical Eng. & Systems 2026-04-14 Xinwei Liu , Vladimir Dvorkin

The problem of optimal switching between nonlinear autonomous subsystems is investigated in this study where the objective is not only bringing the states to close to the desired point, but also adjusting the switching pattern, in the sense…

Systems and Control · Computer Science 2014-11-19 Ali Heydari

Fixed pickup and delivery times can strongly limit the performance of freight transportation. Against this backdrop, fleet operators can use compensation mechanisms such as monetary incentives to buy delay time from their customers, in…

Systems and Control · Electrical Eng. & Systems 2022-03-28 Canqi Yao , Shibo Chen , Mauro Salazar , Zaiyue Yang

Are rewards or penalties more effective in influencing user behavior? This work compares the effectiveness of subsidies and tolls in incentivizing user behavior in congestion games. The predominantly studied method of influencing user…

Computer Science and Game Theory · Computer Science 2022-04-15 Bryce L. Ferguson , Philip N. Brown , Jason R. Marden

Mobility-on-Demand platforms are a fast growing component of the urban transit ecosystem. Though a growing literature addresses the question of how to make individual MoD platforms more efficient, much less is known about the cost of market…

Systems and Control · Computer Science 2018-03-06 Thibault Séjourné , Samitha Samaranayake , Siddhartha Banerjee