A Model of Rush-Hour Traffic in an Isotropic Downtown Area
Richard Arnott,
Anatolii Kokoza () and
Mehdi Naji ()
Additional contact information
Anatolii Kokoza: University of Arizona
Mehdi Naji: University of California, Riverside
No 201511, Working Papers from University of California at Riverside, Department of Economics
Abstract:
For a quarter century, a top priority in transportation economic theory has been to develop models of rush-hour traffic dynamics that incorporate traffic jams (hypercongestion). The difficulty has been that "proper" models result in mathematical intractabilty, while none of the proposed approximating models has gained general acceptance. This paper takes a different tack, focusing on a particular proper model in which commuters decide when to travel so as to minimize a trip cost function that is linear in travel time and schedule delay (the so-called α-β-γ variant of the bottleneck model). Solutions of all the model variants entail departure/arrival masses.
Keywords: equilibrium; rush hour; traffic congestion (search for similar items in EconPapers)
JEL-codes: L91 R41 (search for similar items in EconPapers)
Pages: 45 Pages
Date: 2015-07
New Economics Papers: this item is included in nep-ore, nep-tre and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)
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https://economics.ucr.edu/repec/ucr/wpaper/201511.pdf First version, 2015 (application/pdf)
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Working Paper: A Model of Rush-Hour Traffic in an Isotropic Downtown Area (2015) 
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Persistent link: https://EconPapers.repec.org/RePEc:ucr:wpaper:201511
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