Equilibrium traffic dynamics in a bathtub model: A special case

Richard Arnott, Anatolii Kokoza and Mehdi Naji

Economics of Transportation, 2016, vol. 7-8, 38-52

Abstract: For a quarter century, a top priority in transportation economics has been to develop models of rush-hour traffic dynamics that incorporate hypercongestion – situations of heavy congestion where throughput decreases as traffic density increases. Unfortunately, even the simplest models along these lines appear in general to be analytically intractable, and none of the models that have made approximations in order to achieve tractability has gained widespread acceptance. This paper takes a different tack, developing an analytical solution for a special case – a no-toll equilibrium in an isotropic downtown area with identical commuters, Greenshields' congestion technology, and the α−β cost function (no late arrivals permitted). This is followed by a discussion of directions for future research.

Keywords: Equilibrium; Rush hour (search for similar items in EconPapers)
JEL-codes: L91 R41 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (16)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S2212012216300260
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecotra:v:7-8:y:2016:i::p:38-52

DOI: 10.1016/j.ecotra.2016.11.001

Access Statistics for this article

Economics of Transportation is currently edited by Mogens Fosgerau and Erik Verhoef

More articles in Economics of Transportation from Elsevier
Bibliographic data for series maintained by Catherine Liu ().