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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...
Persistent link: https://www.econbiz.de/10011326950
In this paper, we investigate congestion caused by differences in desired or possible speeds. Especially outside peak hours, speed differences are probably one of the most important reasons for congestion. Although the model setting, with one lane and no overtaking, may seem simple at first...
Persistent link: https://www.econbiz.de/10010361655
In most dynamic traffic congestion models, congestion tolls must vary continuously over time to achieve the full optimum. This is also the case in Vickrey (1969) ‘bottleneck model.' To date, the closest approximations of this ideal in practice have so-called ‘step tolls,' in which the toll...
Persistent link: https://www.econbiz.de/10013107739
This paper analyzes the possibilities to relieve congestion using rewards instead of taxes, as well as combinations of rewards and taxes. The model considers a Vickrey-ADL model of bottleneck congestion with endogenous scheduling. With inelastic demand, a fine (time-varying) reward is equivalent...
Persistent link: https://www.econbiz.de/10014193583
This paper develops a continuous-time - continuous-place economic model of road traffic congestion with a bottleneck, based on car-following theory. The model integrates two archetype congestion technologies used in the economics literature: 'static flow congestion', originating in the works of...
Persistent link: https://www.econbiz.de/10014106720
"Robot cars" are cars that allow for automated driving. They can drive closer together than human driven "normal cars" and thereby raise road capacity. Obtaining a robot car instead of a normal car can also be expected to lower the userś value of time losses (VOT), because travel time can be...
Persistent link: https://www.econbiz.de/10010532595
We analyze the welfare effects of part-day teleworking on road traffic congestion in the context of Vickrey's dynamic bottleneck model. Endogenous decisions to become equipped with a teleworking-enabling technology change the scheduling of arrival times at work for equipped drivers and, due to...
Persistent link: https://www.econbiz.de/10013122374
When traveling in an autonomous car, the travel time can be used for performing activities other than driving. This paper distinguishes users' work-related and home-related activities in autonomous cars and proposes an activity-based bottleneck model to investigate travelers' behavior in the...
Persistent link: https://www.econbiz.de/10012817153
Traffic congestion is one of the most challenging issues of urban agglomeration. Congestion costs are often higher than their socially optimal levels, and little is known about the key parameters needed to design optimal congestion policies. This paper addresses this issue by exploiting an...
Persistent link: https://www.econbiz.de/10013246023
A dynamic 'car-following' extension of the conventional economic model of traffic congestion is presented, which predicts the average cost function for trips in stationary states to be significantly different from the conventional average cost function derived from the speed-flow function. When...
Persistent link: https://www.econbiz.de/10014075960