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The standard economic model for analyzing tarffic congestion, due to A.A. Walters, incorporates a relationship between speed and traffic flow. Empirical measurements indicate a region, known as hypercongestion, in which speed increase with flow. We argue that this relationship is unsuitable as a...
Persistent link: https://www.econbiz.de/10005486837
We present a simulation model designed to determine the impact on congestion of policies for dealing with non-recurrent congestion (i.e. travel time uncertainty).
Persistent link: https://www.econbiz.de/10005486855
This chapter describes how transportation demand is analyzed and what has been learned from doing so. We first present a selection of the most important transportation demand models, with an emphasis on disaggregate models because they have generally been the most successful in capturing...
Persistent link: https://www.econbiz.de/10005207752
Urban transportation involves imprtant nonlinearities in two ways: in its purpose and in its form of provision. Under such conditions, there is ample room for market failures and it is not surpising that public intervention plays a heavy role. But public policy failures are common too, and many...
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