In this paper, we propose a consensus algorithm with input constraints for traffic light signals in transit signal priority (TSP). TSP ensures control strategy of traffic light signals can be adjusted and applied according to the real-time traffic status, and provides priority for buses. We give the convergence conditions of the consensus algorithms with and without input constraints in TSP respectively and analyze the convergence performance of them by using matrix theory and graph theory, and PTV-VISSIM is used to simulate the traffic accident probability of three cases at intersections. Simulation results are presented that a consensus is asymptotically reached for all weights of priority; the algorithm with input constraints is more suitable for TSP than the algorithm without input constraints, and the traffic accident rate is reduced.
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