Equilibrium in a dynamic model of congestion with large and small users
Charles Lindsey (),
André de Palma () and
Hugo E. Silva
Transportation Research Part B: Methodological, 2019, vol. 124, issue C, 82-107
Abstract:
Individual users of transportation facilities often control a significant share of total traffic. Examples include airlines, rail and maritime freight shippers, urban goods delivery companies, taxi companies, and ride-sharing companies. These users have an incentive to internalize the congestion delays their own vehicles impose on each other by adjusting the timing of their trips. We investigate simultaneous trip-timing decisions by large users and small users in a dynamic model of congestion. Unlike previous work, we allow for heterogeneity of trip-timing preferences and for the presence of small users such as individual commuters and fringe airlines. We derive the optimal fleet departure schedule for a large user as a best-response to the aggregate departure rate of other users. We show that when the vehicles in a large user’s fleet have sufficiently diverse preferred arrival times, there may exist a pure-strategy Nash-equilibrium (PSNE) in which the large user schedules vehicles when there is a queue. This highlights that the problem of non-existence of a PSNE identified in Silva et al. (2016) for the case of symmetric large users hinges on the assumption that all vehicles in each fleet have the same preferred arrival time. We also develop some examples to identify under what conditions a PSNE exists, and when the large user departs. The examples illustrate how self-internalization of congestion by a large user can affect the nature of equilibrium and the travel costs that it and other users incur.
Keywords: Departure-time decisions; Bottleneck model; Congestion; Schedule delay costs; Large users; User heterogeneity; Existence of Nash equilibrium (search for similar items in EconPapers)
JEL-codes: C61 C62 D43 D62 R41 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0191261518305459
Full text for ScienceDirect subscribers only
Related works:
Working Paper: Equilibrium in a dynamic model of congestion with large and small users (2018) 
Working Paper: Equilibrium in a dynamic model of congestion with large and small users (2018) 
Working Paper: Equilibrium in a dynamic model of congestion with large and small users (2018) 
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:transb:v:124:y:2019:i:c:p:82-107
Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/supportfaq.cws_home/regional
https://shop.elsevie ... _01_ooc_1&version=01
DOI: 10.1016/j.trb.2019.04.005
Access Statistics for this article
Transportation Research Part B: Methodological is currently edited by Fred Mannering
More articles in Transportation Research Part B: Methodological from Elsevier
Bibliographic data for series maintained by Catherine Liu ().