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Airlines' strategic interactions and airport pricing in a dynamic bottleneck model of congestion

Silva, Hugo E.; Verhoef, Erik T.; Berg, Vincent A. C. … - 2012

Persistent link: https://www.econbiz.de/10009722626

Is the service quality of private roads too Low, too high, or just right when firms compete stackelberg in capacity?

Berg, Vincent A. C. van den; Verhoef, Erik T. - 2011 - Version of 13 May 2011

We study road supply by competing firms between a single origin and destination. In previous studies, firms simultaneously set their tolls and capacities while taking the actions of the others as given in a Nash fashion. Then, under some widely used technical assumptions, firms set a...

Persistent link: https://www.econbiz.de/10011386470

Inside the queue

Verhoef, Erik T. - 2002

This paper develops a continuous-time -continuous-place economic model of road trafficcongestion with a bottleneck …, based on car-following theory. The model integrates twoarchetype congestion technologies used in the economics literature …: 'static flow congestion',originating in the works of Pigou, and 'dynamic bottleneck congestion', pioneered byVickrey. Because …

Persistent link: https://www.econbiz.de/10011326950

Emergent hypercongestion in Vickrey bottleneck networks

Frascaria, Dario; Olver, Neil; Verhoef, Erik T. - 2020

Hypercongestion - the phenomenon that higher traffic densities can reduce throughput - is well understood at the link level, but has also been observed in a macroscopic form at the level of traffic networks; for instance, in morning rush-hour traffic into a downtown core. In this paper, we show...

Persistent link: https://www.econbiz.de/10012149829