Type
Case Studies
Author
Sheri Markose, Amadeo Alentorn, Deddy Koesrindartoto, Phil Blythe, Anett Ehlert, Sergio Grosso, Peter Allen
Organization
University of Essex, University of Newcastle upon Tyne, Cranfield School of Management
Published in
2006
Submitted by
Sibylle Rupprecht
Related theme(s)
Finances & Economics, Urban Mobility
Region
Europe (EU)
Country
United Kingdom

Foresight – Making the Future work for you.

The work reported here is original research into novel methods of road charging. It was commissioned by the Office of Science and Innovation as part of its Foresight Project on Intelligent Infrastructure Systems. 

The aim in the Smart Market Protocols For Road Transport (SMPRT) Project was to investigate how agent-based econometric and transport models might be combined to investigate complex issues related to the use of infrastructure.
 
The focus for the work was an investigation of how charging for infrastructure use might address congestion on a heavily used stretch of road. Employing the smart market simulation they investigated how the system responded to peak demand exceeding capacity and to other disruptive factors.