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Congestion Caused by Speed Differences

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Author Info

  • Verhoef, Erik T.
  • Rouwendal, Jan
  • Rietveld, Piet

Abstract

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 sight, the problemturns out to result easily in quite complicated mathematical expressions. Some main conclusions are that optimal tolls for slow vehicles are higher than those for fast drivers, that the marginal external costs and the optimal tolls for slow drivers are actually decreasing in the equilibrium number of slow drivers, and that ‘platooning’ may become an attractive option especially when the desire for a low speed is caused by a lower value of time.

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Urban Economics.

Volume (Year): 45 (1999)
Issue (Month): 3 (May)
Pages: 533-556

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Handle: RePEc:eee:juecon:v:45:y:1999:i:3:p:533-556

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Web page: http://www.elsevier.com/locate/inca/622905

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References

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  1. Arnott, Richard & de Palma, Andre & Lindsey, Robin, 1993. "A Structural Model of Peak-Period Congestion: A Traffic Bottleneck with Elastic Demand," American Economic Review, American Economic Association, vol. 83(1), pages 161-79, March.
  2. Rienstra, S.A. & Rietveld, P., 1996. "Speed behaviour of car drivers: a statistical analysis of acceptance of changes in speed policies in the Netherlands," Serie Research Memoranda 0007, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
  3. Verhoef Erik T., 1997. "Externalities," Serie Research Memoranda 0031, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
  4. Lee, Li Way, 1984. "An economic theory of the distribution of traffic speeds," Journal of Urban Economics, Elsevier, vol. 15(3), pages 302-309, May.
  5. Lave, Charles A, 1985. "Speeding, Coordination, and the 55 MPH Limit," American Economic Review, American Economic Association, vol. 75(5), pages 1159-64, December.
  6. Rotemberg, Julio J., 1985. "The efficiency of equilibrium traffic flows," Journal of Public Economics, Elsevier, vol. 26(2), pages 191-205, March.
  7. Fowles, Richard & Loeb, Peter D, 1989. "Speeding, Coordination, and the 55-MPH Limit: Comment," American Economic Review, American Economic Association, vol. 79(4), pages 916-21, September.
  8. Snyder, Donald, 1989. "Speeding, Coordination, and the 55-MPH Limit: Comment," American Economic Review, American Economic Association, vol. 79(4), pages 922-25, September.
  9. Richard Arnott & Marvin Kraus, 2003. "Transport Economics," Boston College Working Papers in Economics 553, Boston College Department of Economics.
  10. Levy, David T & Asch, Peter, 1989. "Speeding, Coordination, and the 55-MPH Limit: Comment," American Economic Review, American Economic Association, vol. 79(4), pages 913-15, September.
  11. Lave, Charles, 1989. "Speeding, Coordination, and the 55-MPH Limit: Reply," American Economic Review, American Economic Association, vol. 79(4), pages 926-31, September.
  12. Richard Arnott & Andre de Palma & Robin Lindsey, 1993. "The Welfare Effects Of Congestion Tolls With Heterogeneous Commuters," Boston College Working Papers in Economics 231, Boston College Department of Economics.
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Citations

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Cited by:
  1. Frank Bruinsma & Mark Koetse & Piet Rietveld & Ron Vreeker, 2001. "Social costs of land use claims for transport infrastructure: a survey for The Netherlands," ERSA conference papers ersa01p214, European Regional Science Association.
  2. Jan Rouwendal & Erik T. Verhoef & Piet Rietveld & Bert Zwart, 2000. "A Stochastic Model of Congestion caused by Speed Differences," Tinbergen Institute Discussion Papers 00-091/3, Tinbergen Institute.
  3. Richard Arnott & Eren Inci, 2005. "An Integrated Model of Downtown Parking and Traffic Congestion," Boston College Working Papers in Economics 608, Boston College Department of Economics.
  4. repec:dgr:uvatin:2000101 is not listed on IDEAS
  5. André de Palma & Moez Kilani & Robin Lindsey, 2007. "The economics of truck toll lanes," THEMA Working Papers 2007-13, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
  6. Verhoef, Erik T., 2001. "An Integrated Dynamic Model of Road Traffic Congestion Based on Simple Car-Following Theory: Exploring Hypercongestion," Journal of Urban Economics, Elsevier, vol. 49(3), pages 505-542, May.
  7. repec:dgr:uvatin:2000091 is not listed on IDEAS
  8. C. Robin Lindsey & Erik T. Verhoef, 2000. "Traffic Congestion and Congestion Pricing," Tinbergen Institute Discussion Papers 00-101/3, Tinbergen Institute.
  9. repec:dgr:uvatin:1999091 is not listed on IDEAS
  10. de Palma, André & Kilani, Moez & Lindsey, Robin, 2008. "The merits of separating cars and trucks," Journal of Urban Economics, Elsevier, vol. 64(2), pages 340-361, September.
  11. repec:dgr:uvatin:2099091 is not listed on IDEAS
  12. C. Robin Lindsey & Erik T. Verhoef, 1999. "Congestion Modelling," Tinbergen Institute Discussion Papers 99-091/3, Tinbergen Institute.

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