Konferenzbeitrag

Time, speeds, flows and densities in static models of road traffic congestion and congestion pricing

This paper deals with some of the features of static models of road traffic congestion that have caused much debate in the literature. It first focuses on the difficulties arising with the backward-bending cost curve defined over traffic flows in the context of `continuous congestion'. The relevance of the backward-bending segment of this curve is questioned by demonstrating that the `equilibria' on this segment of the cost curve are dynamically infeasible. Next, the implications for static models of `peak congestion' are considered. In doing so, attention is paid also to 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 peak congestion.

Language
Englisch

Bibliographic citation
Series: 38th Congress of the European Regional Science Association: "Europe Quo Vadis? - Regional Questions at the Turn of the Century", 28 August - 1 September 1998, Vienna, Austria

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Verhoef, Erik Teodoor
Event
Veröffentlichung
(who)
European Regional Science Association (ERSA)
(where)
Louvain-la-Neuve
(when)
1998

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Konferenzbeitrag

Associated

  • Verhoef, Erik Teodoor
  • European Regional Science Association (ERSA)

Time of origin

  • 1998

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