Modelling widely scattered states in ‘synchronized’ traffic flow and possible relevance for stock market dynamics
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DOI: 10.1016/S0378-4371(01)00483-6
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References listed on IDEAS
- Gipps, P.G., 1981. "A behavioural car-following model for computer simulation," Transportation Research Part B: Methodological, Elsevier, vol. 15(2), pages 105-111, April.
- Wagner, Christoph, 1998. "Asymptotic solutions for a multi-anticipative car-following model," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 260(1), pages 218-224.
- Thomas Lux & Michele Marchesi, 1999. "Scaling and criticality in a stochastic multi-agent model of a financial market," Nature, Nature, vol. 397(6719), pages 498-500, February.
- Nelson, Paul & Sopasakis, Alexandros, 1998. "The prigogine-herman kinetic model predicts widely scattered traffic flow data at high concentrations," Transportation Research Part B: Methodological, Elsevier, vol. 32(8), pages 589-604, November.
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Cited by:
- He, Shuyan & Guan, Wei & Song, Liying, 2010. "Explaining traffic patterns at on-ramp vicinity by a driver perception model in the framework of three-phase traffic theory," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 389(4), pages 825-836.
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Keywords
Traffic dynamics; Synchronized congested flow; Fluctuations; Volatility; Stock market;
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