The Coordination Problem in a Structural Model of Peak-Period Congestion: An Experimental Study
Abstract
The purpose of our paper is to generalize the model by Arnott et al. (1990a) to situations with a single origin and destination connected by two routes and to test the analytical results in an experiment with discrete time departure choices. The experimental evidence does not support the theoretical predictions: While the accumulated experience creates significant learning effects which imply a positive evolution of the empirical travel costs towards the equilibrium, the Nash hypothesis is still rejected and the commuting system shows substantial fluctuations until the end of the experiment.Download Info
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Bibliographic Info
Article provided by De Gruyter in its journal Review of Network Economics.
Volume (Year): 5 (2006)
Issue (Month): 2 ()
Pages: 5
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Web page: http://www.degruyter.com
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Web: http://www.degruyter.com/view/j/rne
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Hartman, John Lawrence, 2007. "The Relevance of Heterogeneity in a Congested Route Network with Tolls: An Analysis of Two Experiments Using Actual Waiting Times and Monetized Time Costs," University of California at Santa Barbara, Economics Working Paper Series qt22b46341, Department of Economics, UC Santa Barbara.
- Terry E. Daniel & Eyran J. Gisches & Amnon Rapoport, 2009. "Departure Times in Y-Shaped Traffic Networks with Multiple Bottlenecks," American Economic Review, American Economic Association, vol. 99(5), pages 2149-76, December.
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