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An Integrated Dynamic Model of Road Traffic Congestion Based on Simple Car-Following Theory: Exploring Hypercongestion

Authors :
Erik T. Verhoef
AMBER
Spatial Economics
Source :
Journal of Urban Economics, 49, 505-542. Academic Press Inc., Verhoef, E T 2001, ' An integrated dynamic model of road traffic congestion based on simple car-following theory: exploring hypercongestion ', Journal of Urban Economics, vol. 49, pp. 505-542 . https://doi.org/10.1006/juec.2000.2203
Publication Year :
2001
Publisher :
Elsevier BV, 2001.

Abstract

This paper presents a dynamic version of the standard static economic model of road traffic congestion, based on car-following theory. It is proven formally and illustrated numerically that the "hypercongested" equilibria found in the standard model are dynamically unstable. For arrival rates of users below the road's maximum capacity, the model reproduces the non-hypercongested stationary state outcomes found in the standard model. When the arrival rate exceeds this maximum capacity, however, the model produces outcomes consistent with Vickrey's model of bottleneck congestion. The model thus offers an integration and a generalization of these two archetype models. © 2001 Academic Press.

Details

ISSN :
00941190
Volume :
49
Database :
OpenAIRE
Journal :
Journal of Urban Economics
Accession number :
edsair.doi.dedup.....de229679ff93e002d9f55e3ab04ffaec
Full Text :
https://doi.org/10.1006/juec.2000.2203