The Corridor Problem

Richard Arnott ()

No 443, Boston College Working Papers in Economics from Boston College Department of Economics

Abstract: Consider a corridor which connects a continuum of residential locations to the CBD (central business district) and which is subject to flow congestion. All (identical) individuals travel along the corridor from home to work in the morning rush hour and have the same work start time. Each individual decides when to depart from home so as to minimize the sum of travel time costs, time early costs, and toll costs (when applicable). This paper investigates the pattern of trac flow over the morning rush hour and the social optimum, and considers the implications for land use and road cost-benefit analysis.

Keywords: traffic congestion; land use; monocentric city; shadow rent (search for similar items in EconPapers)
JEL-codes: R1 R4 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ets
Date: 2001-12-01

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Persistent link: http://EconPapers.repec.org/RePEc:boc:bocoec:443

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