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An Integrated Dynamic Model of Road Traffic Congestion based on Simple Car-Following Theory

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  • Erik T. Verhoef

    (Vrije Universiteit Amsterdam)

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  • Erik T. Verhoef, 1998. "An Integrated Dynamic Model of Road Traffic Congestion based on Simple Car-Following Theory," Tinbergen Institute Discussion Papers 98-030/3, Tinbergen Institute.
    • Handle: RePEc:tin:wpaper:19980030
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    References listed on IDEAS

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    1. G. F. Newell, 1988. "Traffic Flow for the Morning Commute," Transportation Science, INFORMS, vol. 22(1), pages 47-58, February.
    2. Evans, Alan W, 1992. "Road Congestion: The Diagrammatic Analysis: Comment," Journal of Political Economy, University of Chicago Press, vol. 100(1), pages 211-217, February.
    3. Arnott, Richard & de Palma, Andre & Lindsey, Robin, 1993. "A Structural Model of Peak-Period Congestion: A Traffic Bottleneck with Elastic Demand," American Economic Review, American Economic Association, vol. 83(1), pages 161-179, March.
    4. Verhoef, Erik T., 1999. "Time, speeds, flows and densities in static models of road traffic congestion and congestion pricing," Regional Science and Urban Economics, Elsevier, vol. 29(3), pages 341-369, May.
    5. Kenneth Button & Erik Verhoef (ed.), 1998. "Road Pricing, Traffic Congestion and the Environment," Books, Edward Elgar Publishing, number 940.
    6. Vickrey, William S, 1969. "Congestion Theory and Transport Investment," American Economic Review, American Economic Association, vol. 59(2), pages 251-260, May.
    7. Zhang, Xiaoyan & Jarrett, David F., 1997. "Stability analysis of the classical car-following model," Transportation Research Part B: Methodological, Elsevier, vol. 31(6), pages 441-462, November.
    8. Henderson, J. Vernon, 1981. "The economics of staggered work hours," Journal of Urban Economics, Elsevier, vol. 9(3), pages 349-364, May.
    9. De Meza, David & Gould, J R, 1987. "Free Access versus Private Property in a Resource: Income Distributions Compared," Journal of Political Economy, University of Chicago Press, vol. 95(6), pages 1317-1325, December.
    10. Yang, Hai & Huang, Hai-Jun, 1998. "Principle of marginal-cost pricing: how does it work in a general road network?," Transportation Research Part A: Policy and Practice, Elsevier, vol. 32(1), pages 45-54, January.
    11. Henderson, J. V., 1974. "Road congestion : A reconsideration of pricing theory," Journal of Urban Economics, Elsevier, vol. 1(3), pages 346-365, July.
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    Cited by:

    1. Mun, Se-il, 1999. "Peak-Load Pricing of a Bottleneck with Traffic Jam," Journal of Urban Economics, Elsevier, vol. 46(3), pages 323-349, November.

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    More about this item

    Keywords

    Road traffic congestion; congestion pricing; hypercongestion; carfollowing theory;
    All these keywords.

    JEL classification:

    • R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
    • R48 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government Pricing and Policy
    • D62 - Microeconomics - - Welfare Economics - - - Externalities

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