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This paper studies the effects of pre-trip information on route-choice decisions when travel conditions are congested and stochastic. We adopt a model based on the classical two-route network in which free-flow travel times and/or capacities on each route vary unpredictably due to such shocks as...
Persistent link: https://www.econbiz.de/10010907089
This paper studies the effects of pre-trip information on route-choice decisions when travel conditions on two alternative congestible routes vary unpredictably. It presents and discusses an experiment designed to test a model recently proposed in a companion paper by Lindsey et al. (2013). That...
Persistent link: https://www.econbiz.de/10010931629
We study batch queueing systems with continuous time, finite commuter populations, single server, and endogenously determined arrival times. Symmetric equilibrium solutions in mixed strategies are constructed and subsequently tested in two experiments that examine two different batch queueing...
Persistent link: https://www.econbiz.de/10008868419
Vickrey's seminal analysis of urban traffic congestion assumes a continuum of commuters acting selfishly and a continuous strategy space. We propose a discrete version of his model that assumes a finite number of commuters and a discrete strategy space. We then present an algorithm for...
Persistent link: https://www.econbiz.de/10005228235