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The Corridor Problem

Author

Listed:
  • Richard Arnott

    (Boston College)

Abstract

Consider a corridor which connects a continuum of residential locations to the CBD (central business district) and which is subject to flow congestion. All (identical) individuals travel along the corridor from home to work in the morning rush hour and have the same work start time. Each individual decides when to depart from home so as to minimize the sum of travel time costs, time early costs, and toll costs (when applicable). This paper investigates the pattern of traffic flow over the morning rush hour and the social optimum, and considers the implications for land use and road cost-benefit analysis.

Suggested Citation

  • Richard Arnott, 2001. "The Corridor Problem," Boston College Working Papers in Economics 443, Boston College Department of Economics.
    • Handle: RePEc:boc:bocoec:443
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    File URL: http://fmwww.bc.edu/EC-P/wp443.pdf
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    Cited by:

    1. Fu, Haoran & Akamatsu, Takashi & Satsukawa, Koki & Wada, Kentaro, 2022. "Dynamic traffic assignment in a corridor network: Optimum versus equilibrium," Transportation Research Part B: Methodological, Elsevier, vol. 161(C), pages 218-246.
    2. You-Zhi Zeng & Bin Ran & Ning Zhang & Xiaobao Yang & Jia-Jun Shen & She-Jun Deng, 2018. "Optimal Pricing and Service for the Peak-Period Bus Commuting Inefficiency of Boarding Queuing Congestion," Sustainability, MDPI, vol. 10(10), pages 1-14, September.

    More about this item

    Keywords

    traffic congestion; land use; monocentric city; shadow rent;
    All these keywords.

    JEL classification:

    • R1 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics
    • R4 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics

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