Showing 1 - 10 of 115,238
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
Persistent link: https://www.econbiz.de/10012239911
pricingschemes bestudied from the perspective of the theory of the second best. Thesecomplications include pricing in networks …
Persistent link: https://www.econbiz.de/10011304387
Persistent link: https://www.econbiz.de/10000870265
Persistent link: https://www.econbiz.de/10003407608
This paper presents a dynamic model of road traffic congestion based on simple carfollowing theory, allowing for finite …’s dynamic model of bottleneck congestion. Therefore, the model presented here offers an integration and a generalization of …
Persistent link: https://www.econbiz.de/10011283470
Conventional economic models of traffic congestion assume that therelation between road use and speed is a technical one. In this paper wederive the speed-flow relationship from more fundamental considerationsconcerning driving behaviour. We develop a structural model in which driverschoose...
Persistent link: https://www.econbiz.de/10011316888
This paper provides a link between car following theory and the economic theoryof road congestion by means of a theory … of speed choice. According to this theory speedchoice is based on a trade-off between the benefits (shorter travel time … elaborating this relationship a number of car-following models can be derived fromthis theory of speed choice. Wit homogeneous …
Persistent link: https://www.econbiz.de/10011327845
This paper studies some of the properties and fundamentals of static models of road traffic congestion that have triggered much debate in the literature. The first part of the paper focuses in particular on the difficulties arising with the backward-bending cost curve in the context of...
Persistent link: https://www.econbiz.de/10010338461
Persistent link: https://www.econbiz.de/10010191388