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An Integrated Dynamic Model of Road Traffic Congestion Based on Simple Car-Following Theory: Exploring Hypercongestion

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  • Verhoef, Erik T.

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  • 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.
    • Handle: RePEc:eee:juecon:v:49:y:2001:i:3:p:505-542
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    1. Verhoef, Erik T. & Rouwendal, Jan & Rietveld, Piet, 1999. "Congestion Caused by Speed Differences," Journal of Urban Economics, Elsevier, vol. 45(3), pages 533-556, May.
    2. G. F. Newell, 1988. "Traffic Flow for the Morning Commute," Transportation Science, INFORMS, vol. 22(1), pages 47-58, February.
    3. Evans, Alan W, 1992. "Road Congestion: The Diagrammatic Analysis: Comment," Journal of Political Economy, University of Chicago Press, vol. 100(1), pages 211-217, February.
    4. Rotemberg, Julio J., 1985. "The efficiency of equilibrium traffic flows," Journal of Public Economics, Elsevier, vol. 26(2), pages 191-205, March.
    5. 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 161-179, March.
    6. Verhoef, Erik T., 1999. "Time, speeds, flows and densities in static models of road traffic congestion and congestion pricing," Regional Science and Urban Economics, Elsevier, vol. 29(3), pages 341-369, May.
    7. Kenneth Button & Erik Verhoef (ed.), 1998. "Road Pricing, Traffic Congestion and the Environment," Books, Edward Elgar Publishing, number 940.
    8. Vickrey, William S, 1969. "Congestion Theory and Transport Investment," American Economic Review, American Economic Association, vol. 59(2), pages 251-260, May.
    9. Daganzo, C. F. & Cassidy, M. J. & Bertini, R. L., 1999. "Possible explanations of phase transitions in highway traffic," Transportation Research Part A: Policy and Practice, Elsevier, vol. 33(5), pages 365-379, June.
    10. Zhang, Xiaoyan & Jarrett, David F., 1997. "Stability analysis of the classical car-following model," Transportation Research Part B: Methodological, Elsevier, vol. 31(6), pages 441-462, November.
    11. Small, Kenneth A. & Gomez-Ilbanez, Jose A., 1998. "Road Pricing for Congestion Management: The Transition from Theory to Policy," University of California Transportation Center, Working Papers qt8kk909p1, University of California Transportation Center.
    12. Henderson, J. Vernon, 1981. "The economics of staggered work hours," Journal of Urban Economics, Elsevier, vol. 9(3), pages 349-364, May.
    13. De Meza, David & Gould, J R, 1987. "Free Access versus Private Property in a Resource: Income Distributions Compared," Journal of Political Economy, University of Chicago Press, vol. 95(6), pages 1317-1325, December.
    14. Yang, Hai & Huang, Hai-Jun, 1998. "Principle of marginal-cost pricing: how does it work in a general road network?," Transportation Research Part A: Policy and Practice, Elsevier, vol. 32(1), pages 45-54, January.
    15. Mun, Se-il, 1994. "Traffic jams and the congestion toll," Transportation Research Part B: Methodological, Elsevier, vol. 28(5), pages 365-375, October.
    16. Henderson, J. V., 1974. "Road congestion : A reconsideration of pricing theory," Journal of Urban Economics, Elsevier, vol. 1(3), pages 346-365, July.
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    Cited by:

    1. Arnott, Richard & Inci, Eren, 2010. "The stability of downtown parking and traffic congestion," Journal of Urban Economics, Elsevier, vol. 68(3), pages 260-276, November.
    2. Verhoef, Erik T., 2003. "Inside the queue:: hypercongestion and road pricing in a continuous time-continuous place model of traffic congestion," Journal of Urban Economics, Elsevier, vol. 54(3), pages 531-565, November.
    3. Frascaria, Dario & Olver, Neil & Verhoef, Erik, 2020. "Emergent hypercongestion in Vickrey bottleneck networks," Transportation Research Part B: Methodological, Elsevier, vol. 139(C), pages 523-538.
    4. Arnott, Richard & Inci, Eren, 2006. "An integrated model of downtown parking and traffic congestion," Journal of Urban Economics, Elsevier, vol. 60(3), pages 418-442, November.
    5. Arnott, Richard, 2013. "A bathtub model of downtown traffic congestion," Journal of Urban Economics, Elsevier, vol. 76(C), pages 110-121.
    6. Beziat, Adrien & Koning, Martin & Toilier, Florence, 2017. "Marginal congestion costs in the case of multi-class traffic: A macroscopic assessment for the Paris Region," Transport Policy, Elsevier, vol. 60(C), pages 87-98.
    7. Hall, Jonathan D., 2018. "Pareto improvements from Lexus Lanes: The effects of pricing a portion of the lanes on congested highways," Journal of Public Economics, Elsevier, vol. 158(C), pages 113-125.
    8. Bao, Yue & Verhoef, Erik T. & Koster, Paul, 2021. "Leaving the tub: The nature and dynamics of hypercongestion in a bathtub model with a restricted downstream exit," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 152(C).
    9. Verhoef, Erik T., 1999. "Time, speeds, flows and densities in static models of road traffic congestion and congestion pricing," Regional Science and Urban Economics, Elsevier, vol. 29(3), pages 341-369, May.
    10. Jan Rouwendal, 2002. "Speed Choice, Car Following Theory and Congestion Tolling," Tinbergen Institute Discussion Papers 02-102/3, Tinbergen Institute.
    11. Verhoef, Erik T., 2005. "Speed-flow relations and cost functions for congested traffic: Theory and empirical analysis," Transportation Research Part A: Policy and Practice, Elsevier, vol. 39(7-9), pages 792-812.
    12. Tsekeris, Theodore & Geroliminis, Nikolas, 2013. "City size, network structure and traffic congestion," Journal of Urban Economics, Elsevier, vol. 76(C), pages 1-14.
    13. Anupriya & Daniel J. Graham & Daniel Horcher & Prateek Bansal, 2021. "Revisiting the empirical fundamental relationship of traffic flow for highways using a causal econometric approach," Papers 2104.02399, arXiv.org.

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