Kevin Riehl
Kevin Riehl
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Resource Allocation
3. Fairness & Road Traffic Control
What is fairness? Are fairness and efficiency conflicting goals? How can we allocate spatio-temporal resources in equitable societies?
Sun, 18 Aug 2024
Fair Money--Public Good Value Pricing With Karma Economies
City road infrastructure is a public good, and over-consumption by self-interested, rational individuals leads to traffic jams. …
Kevin Riehl
,
Anastasios Kouvelas
,
Michail Makridis
Code
Source Document
DOI
Towards fair roads--Why we should & how to improve the fairness in traffic engineering
Traffic engineering aims to control infrastructure and population behavior to achieve optimal usage of road networks. Fairness is …
Kevin Riehl
,
Anastasios Kouvelas
,
Michail Makridis
Source Document
DOI
Resource Allocation with Karma Mechanisms
Monetary markets serve as established resource allocation mechanisms, typically achieving efficient solutions with limited information. …
Kevin Riehl
,
Anastasios Kouvelas
,
Michail Makridis
Code
Source Document
DOI
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