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The Corridor Problem

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Author Info

  • Richard Arnott

    ()
    (Boston College)

Abstract

Consider a corridor which connects a continuum of residential locations to the CBD (central business district) and which is subject to flow congestion. All (identical) individuals travel along the corridor from home to work in the morning rush hour and have the same work start time. Each individual decides when to depart from home so as to minimize the sum of travel time costs, time early costs, and toll costs (when applicable). This paper investigates the pattern of trac flow over the morning rush hour and the social optimum, and considers the implications for land use and road cost-benefit analysis.

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Bibliographic Info

Paper provided by Boston College Department of Economics in its series Boston College Working Papers in Economics with number 443.

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Length: 24 pages
Date of creation: 01 Dec 2001
Date of revision:
Handle: RePEc:boc:bocoec:443

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Related research

Keywords: traffic congestion; land use; monocentric city; shadow rent;

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