Abstract

Abstract In the context of road network congestion, public provision of information is a way to convince drivers to act more socially by shifting their Wardrop equilibrium. In this paper we establish a framework to pose the problem in a road traffic approach and characterize the disclosure mechanism. The games considered are single-commodity road networks subject to independent vagaries. An omniscient controller partially discloses his information to a population of non-cooperative drivers, in a message at the entrance of the network. For the two-route network with single vagary case, we provide a complete characterization of the optimal public signaling policy and, in particular, identify situations where neither full nor no-disclosure is optimal. We also show how to extend the framework of Bayesian persuasion to the context of road networks under multitple independent vagaries.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.