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

Arbeitspapier

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.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: CESifo Working Paper ; No. 5465

Classification and Topics

• Classification: Wirtschaft ; Transportation: General ; Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
• Subject: equilibrium ; rush hour ; traffic congestion

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Arnott, Richard J. ; Kokoza, Anatolii ; Naji, Mehdi
• Event: Veröffentlichung
• (who): Center for Economic Studies and ifo Institute (CESifo)
• (where): Munich
• (when): 2015

Further information

• Handle: http://hdl.handle.net/10419/113790
• Last update: 10.03.2025, 11:41 AM CET