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ARC Discovery Project

Integrating Accident and Travel Delay Externalities in an Urban Speed Reduction Context

Prof DA Hensher

Institute of Transport and Logistics Studies

Project Summary

Any policy must take account of individuals' incentives to strategically manipulate. Mechanism Design is an area of economic theory that addresses precisely this. In its theoretical development however,it overlooks practical constraints for monitoring behavior. For instance, for fraud detection, credit scoring etc., automated statistical machine learning models discussed in computer science (CS) are used. Here, we constrain monitoring strategies to be such algorithms and address the monitoring a population of individuals or a similarly constrained large adversary. Notable cross disciplinary implications exist for "concept drift" and "adversarial classification", two key issues in the CS classification problem.

2007 : $  77,522
2008 : $  78,024
2009 : $  83,848