Road Traffic Congestion and Public Information: An Experimental Investigation
Abstract
This paper reports laboratory experiments designed to study the impact of public information about past departure rates on congestion levels and travel costs. Our design is based on a discrete version of Arnott et al.'s (1990) bottleneck model. In all treatments, congestion occurs and the observed travel costs are quite similar to the predicted ones. Subjects' capacity to coordinate is not affected by the availability of public information on past departure rates, by the number of drivers or by the relative cost of delay. This seemingly absence of treatment effects is confirmed by our finding that a parameter-free reinforcement learning model best characterises individual behaviour. © 2008 LSE and the University of BathDownload Info
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Bibliographic Info
Article provided by London School of Economics and University of Bath in its journal Journal of Transport Economics and Policy.
Volume (Year): 42 (2008)
Issue (Month): 1 (January)
Pages: 43-82
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Handle: RePEc:tpe:jtecpo:v:42:y:2008:i:1:p:43-82
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Web page: http://www.bath.ac.uk/e-journals/jtep
For corrections or technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).
Related research
Keywords:Other versions of this item:
- Anthony Ziegelmeyer & Frédéric Koessler & Kene Boun My & Laurent Denant-Boèmont, 2007. "Road Traffic Congestion and Public Information: An Experimental Investigation," THEMA Working Papers 2007-05, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
- Kene Boun My & Laurent Denant-Boèmont & Frédéric Koessler & Marc Willinger & Anthony Ziegelmeyer, 2006. "Road Traffic Congestion and Public Information: An Experimental Investigation," Papers on Strategic Interaction 2006-20, Max Planck Institute of Economics, Strategic Interaction Group.
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
- C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search, Learning, and Information
- R40 - Urban, Rural, Regional and Transportation Economics - - Transportation Systems - - - General
- R41 - Urban, Rural, Regional and Transportation Economics - - Transportation Systems - - - Transportation: Demand, Supply, and Congestion
References
References listed on IDEASPlease report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- de Jong, Gerard, 2012. "Application of experimental economics in transport and logistics," European Transport \ Trasporti Europei, ISTIEE, Institute for the Study of Transport within the European Economic Integration, issue 50, pages 3.
- Laurent Denant-Boemont & Sabrina Hammiche, 2009.
"Public Transit Capacity and Users Choice: AnExperiment on Downs-Thomson Paradox,"
Working Papers
halshs-00405501, HAL.
- Laurent Denant-Boèmont & Sabrina Hammiche, 2009. "Public Transit Capacity and Users' Choice: AnExperiment on Downs-Thomson Paradox," Post-Print halshs-00406223, HAL.
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