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The Economics of Traffic Information: A State-of-the-Art Report

Author

Listed:
  • Malchow, Matthew
  • Kanafani, Adib
  • Varaiya, Pravin

Abstract

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

Suggested Citation

  • Malchow, Matthew & Kanafani, Adib & Varaiya, Pravin, 1996. "The Economics of Traffic Information: A State-of-the-Art Report," University of California Transportation Center, Working Papers qt5pq9b069, University of California Transportation Center.
    • Handle: RePEc:cdl:uctcwp:qt5pq9b069
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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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