Networking

Travel Time Derivative, Dynamic Road Toll on QoS-Market Analysis and Pricing Issues

Date Added: Aug 2009
Format: PDF

In this paper, travel time derivative is introduced as a new form of dynamic road toll to change user behavior, a new funding tool for the traffic projects, a new hedging tool against transportation related risk and a promising investment for investors. The potential market is analyzed and the benefits for hedgers, speculators and providers are enormous. Possible products are designed; possible prediction and pricing methods are introduced.