A Monopolistic Market for Advanced Traveller Information Systems and Road Use Efficiency

@inproceedings{Zhang2004AMM,
  title={A Monopolistic Market for Advanced Traveller Information Systems and Road Use Efficiency},
  author={Rong Zhang and Erik Verhoef},
  year={2004}
}
This study presents a model for exploring the interactions between a transport market and a monopolistic market for advanced traveler information systems (ATIS). We examine the properties of the information market, and in particular, the relationship between monopoly information pricing and road system efficiency. From model experiments, we find that increasing information penetration will lead to negative external effects for the already informed drivers. Furthermore, monopoly information… CONTINUE READING
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