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<article-title>Towards Valuation-Aware Agent-Based Traffic Control</article-title>
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<author><a href="mailto:schepperle@ipd.uka.de"><name>Heiko Schepperle</name></a></author>
<aff>Institute for Program Structures and Data Organization, Universit&#228;t Karlsruhe (TH), Karlsruhe, Germany</aff>

<author><a href="mailto:boehm@ipd.uka.de"><name>Klemens B&#228;hm</name></a></author>
<aff>Institute for Program Structures and Data Organization, Universit&#228;t Karlsruhe (TH), Karlsruhe, Germany</aff>

<author><a href="mailto:forster@ipd.uka.de"><name>Simone Forster</name></a></author>
<aff>Institute for Program Structures and Data Organization, Universit&#228;t Karlsruhe (TH), Karlsruhe, Germany</aff>

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<title>ABSTRACT</title>
<p>Traffic authorities work hard to improve resource utilization in traffic. But these efforts do not consider that the valuations of waiting time can be different for each driver, e.g., a driver of a courier service delivering express mail typically has a higher valuation of reduced waiting time than other motorists. We propose that traffic-control mechanisms should be valuation-aware and propose and describe such a mechanism called <italic>Time-Slot Exchange</italic>. The idea of this mechanism is that vehicles are assigned time slots to cross the intersection, and vehicles, or, more specifically, agent-based driver-assistance systems of the vehicles can then trade these time slots. Simulations show that our mechanism increases overall satisfaction considerably, compared to a state-of-the-art traffic-control mechanism.</p>
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