Association Journal of CSIAM
Supervised by Ministry of Education of PRC
Sponsored by Xi'an Jiaotong University
ISSN 1005-3085  CN 61-1269/O1

Chinese Journal of Engineering Mathematics ›› 2019, Vol. 36 ›› Issue (3): 256-264.doi: 10.3969/j.issn.1005-3085.2019.03.002

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Study on the Principal Agent Model of the Travelers Transfer to Accept Guidance

XIAO Hai-yan   

  1. School of Mathematics and Economics, Hubei University of Education, Wuhan 430205
  • Received:2017-07-26 Accepted:2018-11-08 Online:2019-06-15 Published:2019-08-15
  • Supported by:
    The Natural Science Foundation of Hubei Province (2015CFC883).

Abstract: The key problem for the traffic guidance is to determine the optimal induced path, and shunt vehicles as soon as possible, which can reduce the loss and impact caused by congestion. Currently, the problem facing the induced traffic system is the acceptance rate measuring whether the induced paths meet the traveler's needs. In this paper, we establish the principal-agent model of the manager-traveler by treating the manager as the principal and the traveler as the agent. The impact of the cost coefficient, the incentive coefficient, the risk aversion degree, the effort cost coefficient and the uncertainty of the output on the results are also discussed. A numerical experiment was carried out to analyze the impact on the acceptance rate of route guidance. The study shows that managers should make as many travelers in the region accept route guidance as possible with low cost and pertinence so as to achieve a high efficiency of the policy and to improve the acceptance rate of route guidance.

Key words: traffic guidance, induced acceptance rate, principal-agent, transfer

CLC Number: