An auctioning approach to railway slot allocation:

Abstract: "We present an approach to implement an auction of railway slots. Railway network, train driving characteristics, and safety requirements are described by a simplified, but still complex macroscopic model. In this environment, slots are modelled as combinations of scheduled track segm...

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Bibliographic Details
Format: Book
Language:English
Published: Berlin Konrad-Zuse-Zentrum für Informationstechnik 2005
Series:ZIB-Report 2005,45
Subjects:
Summary:Abstract: "We present an approach to implement an auction of railway slots. Railway network, train driving characteristics, and safety requirements are described by a simplified, but still complex macroscopic model. In this environment, slots are modelled as combinations of scheduled track segments. The auction design builds on the iterative combinatorial auction. However, combinatorial bids are restricted to some types of slot bundles that realize positive synergies between slots. We present a bidding language that allows bidding for these slot bundles. An integer programming approach is proposed to solve the winner determination problem of our auction. Computational results for auction simulations in the Hannover-Fulda-Kassel area of the German railway network give evidence that auction approaches can induce a more efficient use of railway capacity."
Physical Description:32 S. graph. Darst.

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