The Coordination Problem in a Structural Model of Peak-Period Congestion: An Experimental Study

Yannick Gabuthy (), Matthieu Neveu and Laurent Denant-Boèmont
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Yannick Gabuthy: BETA - Bureau d'Économie Théorique et Appliquée - INRA - Institut National de la Recherche Agronomique - UNISTRA - Université de Strasbourg - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique
Matthieu Neveu: GATE - Groupe d'analyse et de théorie économique - UL2 - Université Lumière - Lyon 2 - ENS LSH - Ecole Normale Supérieure Lettres et Sciences Humaines - CNRS - Centre National de la Recherche Scientifique

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Abstract: The purpose of our paper is to generalize the model by Arnott et al. (1990a) to situations with a single origin and destination connected by two routes and to test the analytical results in an experiment with discrete time departure choices. The experimental evidence does not support the theoretical predictions: While the accumulated experience creates significant learning effects which imply a positive evolution of the empirical travel costs towards the equilibrium, the Nash hypothesis is still rejected and the commuting system shows substantial fluctuations until the end of the experiment.

Keywords: Roading; Traffic congestion; Experiments; Coordination (search for similar items in EconPapers)
Date: 2006-06
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Citations: View citations in EconPapers (7)

Published in Review of Network Economics, 2006, 5 (2), pp.273-298. ⟨10.2202/1446-9022.1098⟩

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Journal Article: The Coordination Problem in a Structural Model of Peak-Period Congestion: An Experimental Study (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00098248

DOI: 10.2202/1446-9022.1098

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