Traffic optimization

February 24th, 2009 by under Uncategorized. No Comments.

I’m taking pricing and revenue management right now, and we’re learning how to create pricing schemes with limited capacity…multiple pricing segments…you get the picture. On the way to school this morning I started thinking about traffic optimization, or what it might look like if I had free reign to mess around with traffic, at the very least.

Obviously I don’t know anything about this subject, and I’m wondering for the sake of wondering (probably too much time on my hands and not enough time spent studying for the pricing and revenue management midterm on Thursday).

What if each lane on the highway had designated speeds? You know how sometimes those turtle drivers end up in the innermost lane (designated passing lane, which really means people who speed the most take over the lane and tailgate if you are not driving quickly enough, which is usually 20 over the limit on the Beltway)? Well, what if each lane had its own speed limit – think inner lane 75, next lane 65, outer lane 55. What would happen if drivers were asked to self-select into specific speed lanes? Hm…

I’m sure it wouldn’t work and it would be inefficient. But wouldn’t it be nice just to have a lane all to yourself to drive at your preferred speed with drivers who are going at the same pace?