Speed distribution model, expectation speed of the system and aggregation behaviour for traffic congestion

Chaofa Wang, Dongdong Li, Qing Liu and Xiaorong Wei

Managerial and Decision Economics, 2023, vol. 44, issue 4, 2175-2185

Abstract: This research presents a distribution model using queuing theory for traffic congestion that can be used to analyse the concrete dynamics of the expectation speed of a system, which consists of two paths, and finds that the expectation speed is a quadratic function for increment (quantities of optimistic drivers) per unit time without assuming the full rationality of choice behaviour; focusing on the conclusions of certain practical significance, a potential function and a jump Markov chain can be used to describe how the degree of uncertain parameters affects drivers' aggregated behaviour.

Date: 2023
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https://doi.org/10.1002/mde.3810

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Persistent link: https://EconPapers.repec.org/RePEc:wly:mgtdec:v:44:y:2023:i:4:p:2175-2185

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