Hypercongestion
Kenneth Small () and
Xuehao Chu
Journal of Transport Economics and Policy, 2003, vol. 37, issue 3, 319-352
Abstract:
The standard economic model for analysing traffic congestion incorporates a relationship between speed and traffic flow. Empirical measurements indicate a region, known as hypercongestion, in which speed increases with flow. We argue that this relationship is unsuitable as a supply curve for equilibrium analysis because observed hypercongestion occurs as a response to transient demand fluctuations. We then present tractable models for handling such fluctuations, both for a straight uniform highway and for a dense street network such as in a central business district (CBD). For the CBD model, we consider both exogenous and endogenous time patterns for demand, and we make use of an empirical speed-density relationship for Dallas, Texas, to characterise hypercongested conditions. The CBD model is adaptable to any situation where accumulation of work to be processed becomes such a hindrance as to reduce outflow. © The London School of Economics and the University of Bath 2003
Date: 2003
References: Add references at CitEc
Citations: View citations in EconPapers (1)
Downloads: (external link)
http://www.catchword.com/cgi-bin/cgi?ini=bc&body=l ... 0030901)37:3L.319;1- (text/html)
Access to full text is restricted to subscribers.
Related works:
Working Paper: Hypercongestion (2000) 
Working Paper: Hypercongestion (1997)
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:tpe:jtecpo:v:37:y:2003:i:3:p:319-352
Access Statistics for this article
Journal of Transport Economics and Policy is currently edited by B T Bayliss, S A Morrison, A Smith and D Graham
More articles in Journal of Transport Economics and Policy from University of Bath
Bibliographic data for series maintained by Christopher F. Baum ().