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Ioannis Vasileios Chremos

Publications and source records attributed to Ioannis Vasileios Chremos.

10 recordsLinked to original sources

A Study of an Atomic Mobility Game With Uncertainty Under Prospect Theory

In this paper, we present a study of a mobility game with uncertainty in the decision-making of travelers and incorporate prospect theory to model travel behavior. We formulate a mobility game that models how travelers distribute their traffic flows in a transportation network with splittable traffic, utilizing the Bureau of Public Roads function to establish the relationship between traffic flow and travel time cost. Given the inherent non-linearities and complexity introduced by the uncertainties, we propose a smooth approximation function to estimate the prospect-theoretic cost functions. As part of our analysis, we characterize the best-fit parameters and derive an upper bound for the error. We then show the existence of an equilibrium and its its best-possible approximation.

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Mobility Equity and Economic Sustainability Using Game Theory

In this paper, we consider a multi-modal mobility system of travelers each with an individual travel budget, and propose a game-theoretic framework to assign each traveler to a ``mobility service" (each one representing a different mode of transportation). We are interested in equity and sustainability, thus we maximize the worst-case revenue of the mobility system while ensuring ``mobility equity," which we define it in terms of accessibility. In the proposed framework, we ensure that all travelers are truthful and voluntarily participate under informational asymmetry, and the solution respects the individual budget of each traveler. Each traveler may seek to travel using multiple services (e.g., car, bus, train, bike). The services are capacitated and can serve up to a fixed number of travelers at any instant of time. Thus, our problem falls under the category of many-to-one assignment problems, where the goal is to find the conditions that guarantee the stability of assignments. We formulate a linear program of maximizing worst-case revenue under the constraints of mobility equity, and we fully characterize the optimal solution.

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The Design and Analysis of a Mobility Game

In this paper, we study a routing and travel-mode choice problem for mobility systems with a multimodal transportation network as a ``mobility game" with coupled action sets. We develop a game-theoretic framework to study the impact on efficiency of the travelers' behavioral decision-making. In our framework, we introduce a mobility ``pricing mechanism," in which we model traffic congestion using linear cost functions while also considering the waiting times at different transport hubs. We show that the travelers' selfish actions lead to a pure-strategy Nash equilibrium. We then perform a Price of Anarchy analysis to establish that the mobility system's inefficiencies remain relatively low as the number of travelers increases. We deviate from the standard game-theoretic analysis of decision-making by extending our modeling framework to capture the subjective behavior of travelers using prospect theory. Finally, we provide a simulation study as a proof of concept for our proposed mobility game.

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An Analytical Study of a Two-Sided Mobility Game

In this paper, we consider a mobility system of travelers and providers, and propose a "mobility game" to study when a traveler is matched to a provider. Each traveler seeks to travel using the services of only one provider, who manages one specific mode of transportation (e.g., car, bus, train, bike). The services of each provider are capacitated and can serve up to a fixed number of travelers at any instant of time. Thus, our problem falls under the category of many-to-one assignment problems, where the goal is to find the conditions that guarantee the stability of assignments. We formulate a linear program of maximizing the social welfare of travelers and providers and show how it is equivalent to the original problem and relate its solutions to stable assignments. We also investigate our results under informational asymmetry and provide a "mechanism" that elicits the information of travelers and providers. Finally, we investigate and validate the advantages of our method by providing a numerical simulation example.

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Socioeconomic Impact of Emerging Mobility Markets and Implementation Strategies

Emerging mobility systems such as connected and automated vehicles (CAVs) provide the most intriguing opportunity for more accessible, safe, and efficient transportation. CAVs are expected to significantly improve safety by eliminating the human factor and ensure transportation efficiency by allowing users to monitor transportation network conditions and make better operating decisions. However, CAVs could alter the users' tendency-to-travel, leading to a higher traffic demand than expected, thus causing rebound effects (e.g., increased vehicle-miles-traveled). In this chapter, we focus on tackling social factors that could drive an emerging mobility system to unsustainable congestion levels. We propose a mobility market that models the economic in-nature interactions of the travelers in a smart city network with roads and public transit infrastructure. Using techniques from mechanism design, we introduce appropriate monetary incentives (e.g., tolls, fares, fees) and show how a mobility system consisting of selfish travelers that seek to travel either with a CAV or use public transit can be socially efficient. Furthermore, the proposed mobility market ensures that travelers always report their true travel preferences and always benefit from participating in the market; lastly, we also show that the market generates enough revenue to potentially cover its operating costs.

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Optimal Time Trajectory and Coordination for Connected and Automated Vehicles

In this paper, we provide a decentralized theoretical framework for coordination of connected and automated vehicles (CAVs) at different traffic scenarios. The framework includes: (1) an upper-level optimization that yields for each CAV its optimal time trajectory and lane to pass through a given traffic scenario while alleviating congestion; and (2) a low-level optimization that yields for each CAV its optimal control input (acceleration/deceleration). We provide a complete, analytical solution of the low-level optimization problem that includes the rear-end, speed-dependent safety constraint. Furthermore, we provide a problem formulation for the upper-level optimization in which there is no duality gap. The latter implies that the optimal time trajectory for each CAV does not activate any of the state, control, and safety constraints of the low-level optimization, thus allowing for online implementation. Finally, we present a geometric duality framework with hyperplanes to derive the condition under which the optimal solution of the upper-level optimization always exists. We validate the effectiveness of the proposed theoretical framework through simulation.

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Social Media and Misleading Information in a Democracy: A Mechanism Design Approach

In this paper, we present a resource allocation mechanism for the problem of incentivizing filtering among a finite number of strategic social media platforms. We consider the presence of a strategic government and private knowledge of how misinformation affects the users of the social media platforms. Our proposed mechanism incentivizes social media platforms to filter misleading information efficiently, and thus indirectly prevents the spread of fake news. In particular, we design an economically inspired mechanism that strongly implements all generalized Nash equilibria for efficient filtering of misleading information in the induced game. We show that our mechanism is individually rational, budget balanced, while it has at least one equilibrium. Finally, we show that for quasi-concave utilities and constraints, our mechanism admits a generalized Nash equilibrium and implements a Pareto efficient solution.

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Design and Stability Analysis of a Shared Mobility Market

In recent years, we have witnessed a remarkable surge of usage in shared vehicles in our cities. Shared mobility offers a future of no congestion in busy city roads with increasing populations of travelers, passengers, and drivers. Given the behavioral decision-making of travelers and the shared vehicles' operators, however, the question is "how can we ensure a socially-acceptable assignment between travelers and vehicles?" In other words, how can we design a shared mobility system that assigns each traveler to the "right" vehicle? In this paper, we design a shared mobility market consisted of travelers and vehicles in a transportation network. We formulate a linear programming problem and derive the optimal assignment between travelers and vehicles. In addition, we provide the necessary and sufficient conditions for the stable traveler-vehicle profit allocation. Our goal is twofold: maximize the social welfare of all travelers with the optimal assignment while ensuring the feasibility and stability of the traveler-vehicle profit allocation while respecting the decision-making of both the travelers and the vehicles' operators.

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Social Resource Allocation in a Mobility System with Connected and Automated Vehicles: A Mechanism Design Problem

In this paper, we investigate the social resource allocation in an emerging mobility system consisting of connected and automated vehicles (CAVs) using mechanism design. CAVs provide the most intriguing opportunity for enabling travelers to monitor mobility system conditions efficiently and make better decisions. However, this new reality will influence travelers' tendency-of-travel and might give rise to rebound effects, e.g., increased-vehicle-miles traveled. To tackle this phenomenon, we propose a mechanism design formulation that provides an efficient social resource allocation of travel time for all travelers. Our focus is on the socio-technical aspect of the problem, i.e., by designing appropriate socio-economic incentives, we seek to prevent potential rebound effects. In particular, we propose an economically inspired mechanism to influence the impact of the travelers' decision-making on the well-being of an emerging mobility system.

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A Game-Theoretic Analysis of the Social Impact of Connected and Automated Vehicles

In this paper, we address the much-anticipated deployment of connected and automated vehicles (CAVs) in society by modeling and analyzing the social-mobility dilemma in a game-theoretic approach. We formulate this dilemma as a normal-form game of players making a binary decision: whether to travel with a CAV (CAV travel) or not (non-CAV travel) and by constructing an intuitive payoff function inspired by the socially beneficial outcomes of a mobility system consisting of CAVs. We show that the game is equivalent to the Prisoner's dilemma, which implies that the rational collective decision is the opposite of the socially optimum. We present two different solutions to tackle this phenomenon: one with a preference structure and the other with institutional arrangements. In the first approach, we implement a social mechanism that incentivizes players to non-CAV travel and derive a lower bound on the players that ensures an equilibrium of non-CAV travel. In the second approach, we investigate the possibility of players bargaining to create an institution that enforces non-CAV travel and show that as the number of players increases, the incentive ratio of non-CAV travel over CAV travel tends to zero. We conclude by showcasing the last result with a numerical study.

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