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Decision dynamics in a traffic scenario

Joachim Wahle, Ana Lúcia C Bazzan, Franziska Klügl and Michael Schreckenberg

Physica A: Statistical Mechanics and its Applications, 2000, vol. 287, issue 3, 669-681

Abstract: Information is a key commodity in many socio-economic systems like stock markets or traffic systems. In this paper the influence of dynamic information on the stability of traffic patterns is investigated using a very simple route choice scenario. The basis of the route decisions is dynamic information generated by traffic flow simulations. A correlation analysis yields that the system can be destabilized by introducing information. It is found that the overall performance of the system is reduced, although the information should help to distribute traffic more efficiently.

Date: 2000
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Citations: View citations in EconPapers (17)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:phsmap:v:287:y:2000:i:3:p:669-681

DOI: 10.1016/S0378-4371(00)00510-0

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Physica A: Statistical Mechanics and its Applications is currently edited by K. A. Dawson, J. O. Indekeu, H.E. Stanley and C. Tsallis

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