Arbeitspapier

Time, Speeds, Flows and Densities in Static Models of Road Traffic Congestion and Congestion Pricing

This paper studies some of the properties and fundamentals of static models of road traffic congestion that have triggered much debate in the literature. The first part of the paper focuses in particular on the difficulties arising with the backward-bending cost curve in the context of 'continuous congestion'. Therelevance of the backward-bending segment of the cost curve for the static analysis of congestion is questioned by demonstrating that 'equilibria' on this segment produce upwards shifts of the cost curve itself, and can therefore not be of a stationary nature. Next, the implications for static models of 'peakcongestion' are considered. In doing so, the paper addresses the implicit assumptions, particularly on the nature of scheduling costs, that are necessary to render static models of peak congestion internally consistent. The paper ends with a brief discussion of the implications for dynamic models of peakcongestion.

Language
Englisch

Bibliographic citation
Series: Tinbergen Institute Discussion Paper ; No. 97-070/3

Classification
Wirtschaft
Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
Transportation Economics: Government Pricing and Policy
Externalities
Subject
Road traffic congestion
congestion pricing
Straßenverkehr
Verkehrsstau
Lastmanagement
Theorie

Event
Geistige Schöpfung
(who)
Verhoef, Erik
Event
Veröffentlichung
(who)
Tinbergen Institute
(where)
Amsterdam and Rotterdam
(when)
1997

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Verhoef, Erik
  • Tinbergen Institute

Time of origin

  • 1997

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