Economy of information in congested transport systems

Stathopoulos, A; Tsekeris, T

dc.contributor.author	Stathopoulos, A	en
dc.contributor.author	Tsekeris, T	en
dc.date.accessioned	2014-03-01T02:46:07Z
dc.date.available	2014-03-01T02:46:07Z
dc.date.issued	2009	en
dc.identifier.issn	1751-956X	en
dc.identifier.uri	https://dspace.lib.ntua.gr/xmlui/handle/123456789/32558
dc.subject	Transport System	en
dc.subject.classification	Transportation Science & Technology	en
dc.subject.other	Decision-theoretic	en
dc.subject.other	Expected values	en
dc.subject.other	Game trees	en
dc.subject.other	Multimodal transport	en
dc.subject.other	Traffic conditions	en
dc.subject.other	Transport systems	en
dc.subject.other	Travel information	en
dc.subject.other	Risk analysis	en
dc.subject.other	Risk management	en
dc.subject.other	Traffic congestion	en
dc.subject.other	Transportation	en
dc.title	Economy of information in congested transport systems	en
heal.type	conferenceItem	en
heal.identifier.primary	10.1049/iet-its.2008.0061	en
heal.identifier.secondary	http://dx.doi.org/10.1049/iet-its.2008.0061	en
heal.language	English	en
heal.publicationDate	2009	en
heal.abstract	Emerging communication and information technologies increasingly enable users of transport systems to determine their own whereabouts and help support their trip scheduling and rescheduling decisions by providing timely information on traffic conditions. The authors investigate the linkages between behavioural attitudes of users towards risk and valuation of information, by utilising decision-theoretic and risk management principles and extensive-form game trees. Several examples are provided to demonstrate the increase in expected value and steps that should be encountered in the provision of travel information, with particular emphasis on multi-modal transport systems with congestion effects. © 2009 The Institution of Engineering and Technology.	en
heal.publisher	INST ENGINEERING TECHNOLOGY-IET	en
heal.journalName	IET Intelligent Transport Systems	en
dc.identifier.doi	10.1049/iet-its.2008.0061	en
dc.identifier.isi	ISI:000269627800010	en
dc.identifier.volume	3	en
dc.identifier.issue	3	en
dc.identifier.spage	336	en
dc.identifier.epage	344	en