Using Technology to Eliminate Traffic Congestion

Systems Conversation with Richard Geddes, Cornell University

Traffic congestion is a pervasive worldwide problem. We explain how to harness existing technologies together with new methods in time-and-location markets to eradicate traffic congestion along with its attendant social harms. Our market design for road use builds on congestion pricing and models of efficient pricing in the electricity sector. The market maximizes the value of a transport network through efficient scheduling, routing, and pricing of road use. Privacy and equity concerns are addressed. Transparent price information provides essential information for efficient long-term investment in transport.

Watch Dr. Geddes talk, 'Using Technology to Eliminate Traffic Congestion' here: https://cornell.hosted.panopto.com/Panopto/Pages/Viewer.aspx?id=b680a3c7-7570-42e8-9c58-a92d013ff52c Biography Rick Geddes is Professor in the Department of Policy Analysis and Management at Cornell University and Director of the Cornell Program in Infrastructure Policy. His research studies policies focused on the delivery of infrastructure projects in the transportation, water, and energy sectors.