Daily Archives: February 23, 2017

BUILT study to be presented at ISTTT22

Prof. Chow’s recent joint work with researchers at University of Maryland (led there by Prof. Paul Schonfeld), was accepted for publication and selected as one of 36 lectern presentations (out of over 300 initial submissions) at ISTTT 22, one of the most prestigious transportation symposiums in the world (their website: http://sites.northwestern.edu/isttt/). The paper’s title is “Stochastic dynamic switching in fixed and flexible transit services as market entry-exit real options”, with one application to enable stochastic control of autonomous vehicle fleets like NEXT (http://www.next-future-mobility.com/) to know when to couple and decouple vehicles in motion based on real-time data.