A Model of Rush-Hour Traffic in an Isotropic Downtown Area

Richard Arnott, Anatolii Kokoza and Mehdi Naji

No 5465, CESifo Working Paper Series from CESifo

Abstract: For a quarter century, a top priority in transportation economic theory has been to develop models of rush-hour traffic dynamics that incorporate traffic jams (hypercongestion). The difficulty has been that “proper” models result in mathematical intractabilty, while none of the proposed approximating models has gained general acceptance. This paper takes a different tack, focusing on a particular proper model in which commuters decide when to travel so as to minimize a trip cost function that is linear in travel time and schedule delay (the so-called á-â-ã variant of the bottleneck model). Solutions of all the model variants entail departure/arrival masses.

Keywords: equilibrium; rush hour; traffic congestion (search for similar items in EconPapers)
JEL-codes: L91 R41 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Working Paper: A Model of Rush-Hour Traffic in an Isotropic Downtown Area (2015)
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