The essential distinction between the Fundamental Diagram Approach (FDA) and Kerner’s three-phase theory (KTPT) is the existence of a unique gap–speed (or flow–density) relationship in the former class. In order to verify this relationship, empirical data are analyzed with the following...

In this paper, a market-based decomposition method for decomposable linear systems is developed. The solution process iterates between a master problem that solves the market-matching problem, and subproblems that solve the agents' bundle-determination problems. Starting from any initial price...