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Hypercongestion is the situation where a certain traffic flow occurs at a combination of low speed and high density … for such hypercongestion, but does not explicitly describe the dynamic process leading up to hypercongestion. Earlier … studies of hypercongestion on single links have, however, confirms that such dynamic processes are important to consider. The …
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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 …
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accounts for hypercongestion (a situation where congestion decreases a road's throughput). We show that the external cost … hypercongested for more than one hour per day. Hypercongestion accounts for about 40 percent of congestion-related welfare losses …
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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...
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