Emergent hypercongestion in Vickrey bottleneck networks

Dario Frascaria, Neil Olver and Erik Verhoef
Additional contact information
Dario Frascaria: VU Amsterdam
Neil Olver: London School of Economics and Political Science

No 20-002/VIII, Tinbergen Institute Discussion Papers from Tinbergen Institute

Abstract: Hypercongestion - the phenomenon that higher traffic densities can reduce throughput - is well understood at the link level, but has also been observed in a macroscopic form at the level of traffic networks; for instance, in morning rush-hour traffic into a downtown core. In this paper, we show that macroscopic hypercongestion can occur as a purely emergent effect of dynamic equilibrium behaviour on a network, even if the underlying link dynamics (we consider Vickrey bottlenecks with spaceless vertical queues) do not exhibit hypercongestion.

Keywords: Hypercongestion; Vickrey bottlenecks; Spaceless vertical queues; Arbitrary networks; Homogeneous users; Optimal (first-best) pricing (search for similar items in EconPapers)
JEL-codes: D62 R41 R48 (search for similar items in EconPapers)
Date: 2020-01-06
New Economics Papers: this item is included in nep-net, nep-ore and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://papers.tinbergen.nl/20002.pdf (application/pdf)

Related works:
Journal Article: Emergent hypercongestion in Vickrey bottleneck networks (2020)
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:tin:wpaper:20200002

Access Statistics for this paper

More papers in Tinbergen Institute Discussion Papers from Tinbergen Institute Contact information at EDIRC.
Bibliographic data for series maintained by Tinbergen Office +31 (0)10-4088900 ().