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The Economics Of Traffic Information: A State-of-the-art Report

Author

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  • Malchow, M.
  • Kanafani, A.
  • Varaiya, P.

Abstract

This working paper is a preliminary review of the state of the art in the study of theeconomics of traffic information. The focus is on the different methods used to model thedecision process of drivers in a traffic system, and on the effect of traffic information on thisprocess. In addition, the review includes the characterization of information in terms of contentand accuracy. The purpose is to develop an understanding of the market for different types oftraffic information. The paper also includes some preliminary models that can be used to modelthe demand and supply of traffic information, including its temporal and spatial characteristics.

Suggested Citation

  • Malchow, M. & Kanafani, A. & Varaiya, P., 1996. "The Economics Of Traffic Information: A State-of-the-art Report," Institute of Transportation Studies, Research Reports, Working Papers, Proceedings qt6bj9g732, Institute of Transportation Studies, UC Berkeley.
    • Handle: RePEc:cdl:itsrrp:qt6bj9g732
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    References listed on IDEAS

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    1. Mannering, Fred L., 1989. "Poisson analysis of commuter flexibility in changing routes and departure times," Transportation Research Part B: Methodological, Elsevier, vol. 23(1), pages 53-60, February.
    2. Kanafani, A. & Al-Deek, H., 1991. "A simple model for route guidance benefits," Transportation Research Part B: Methodological, Elsevier, vol. 25(4), pages 191-201, August.
    3. d'Aspremont, C & Gabszewicz, Jean Jaskold & Thisse, J-F, 1979. "On Hotelling's "Stability in Competition"," Econometrica, Econometric Society, vol. 47(5), pages 1145-1150, September.
    4. Khattak, Asad & Polydoropoulou, Amalia & Ben-akiva, Moshe, 1996. "Commuters' Normal And Shift Decisions In Unexpected Congestion: Pre-trip Response To Advanced Traveler Information Systems," Institute of Transportation Studies, Research Reports, Working Papers, Proceedings qt4vb1r0pc, Institute of Transportation Studies, UC Berkeley.
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    Cited by:

    1. Chan, Shirley & Malchow, Matthew & Kanafani, Adib, 1997. "An Exploration Of The Market For Traffic Information," Institute of Transportation Studies, Research Reports, Working Papers, Proceedings qt1vt2r75b, Institute of Transportation Studies, UC Berkeley.
    2. Malchow, M. & Kanafani, A. & Varaiya, P., 1997. "Modeling The Behavior Of Traffic Information Providers," Institute of Transportation Studies, Research Reports, Working Papers, Proceedings qt38p572vt, Institute of Transportation Studies, UC Berkeley.

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