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Hypercongestion

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Author Info
Small, K.A.
Chu, X.

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Abstract

The standard economic model for analyzing tarffic congestion, due to A.A. Walters, incorporates a relationship between speed and traffic flow. Empirical measurements indicate a region, known as hypercongestion, in which speed increase with flow. We argue that this relationship is unsuitable as a supply curve for equilibrium analysis because hyperongestion occurs as a response to transient demand fluctuations.

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Publisher Info
Paper provided by California Irvine - School of Social Sciences in its series Papers with number 97-98-12.

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Length: 31 pages
Date of creation: 1997
Date of revision:
Handle: RePEc:fth:calirv:97-98-12

Contact details of provider:
Postal: UNIVERSITY OF CALIFORNIA IRVINE, SCHOOL OF SOCIAL SCIENCES, IRVINECALIFORNIA 91717 U.S.A.

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Related research
Keywords: TRANSPORT ; EXTERNALITIES;

Other versions of this item:

Find related papers by JEL classification:
R41 - Urban, Rural, and Regional Economics - - Transportation Systems - - - Transportation: Demand, Supply, and Congestion
H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
C61 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Optimization Techniques; Programming Models; Dynamic Analysis

Cited by:
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  1. Parry, Ian W.H., 2008. "Pricing Urban Congestion," Discussion Papers dp-08-35, Resources For the Future. [Downloadable!]
  2. Richard Arnott, 1997. "Congestion Tolling and Urban Spatial Structure," Boston College Working Papers in Economics 389., Boston College Department of Economics. [Downloadable!]
  3. C. Robin Lindsey & Erik T. Verhoef, 1999. "Congestion Modelling," Tinbergen Institute Discussion Papers 99-091/3, Tinbergen Institute. [Downloadable!]
  4. Arnott, Richard & Inci, Eren, 2008. "The Stability of Downtown Parking and Traffic Congestion," MPRA Paper 11786, University Library of Munich, Germany. [Downloadable!]
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This page was last updated on 2009-10-24.

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