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An Integrated Dynamic Model of Road Traffic Congestion based on Simple Car-Following Theory

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  • Erik T. Verhoef

    (Vrije Universiteit Amsterdam)

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  • Erik T. Verhoef, 1998. "An Integrated Dynamic Model of Road Traffic Congestion based on Simple Car-Following Theory," Tinbergen Institute Discussion Papers 98-030/3, Tinbergen Institute.
  • Handle: RePEc:tin:wpaper:19980030
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    References listed on IDEAS

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    1. Henderson, J. Vernon, 1981. "The economics of staggered work hours," Journal of Urban Economics, Elsevier, vol. 9(3), pages 349-364, 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. 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.
    5. 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.
    6. 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.
    7. 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.
    8. Kenneth Button & Erik Verhoef (ed.), 1998. "Road Pricing, Traffic Congestion and the Environment," Books, Edward Elgar Publishing, number 940.
    9. Henderson, J. V., 1974. "Road congestion : A reconsideration of pricing theory," Journal of Urban Economics, Elsevier, vol. 1(3), pages 346-365, July.
    10. Vickrey, William S, 1969. "Congestion Theory and Transport Investment," American Economic Review, American Economic Association, vol. 59(2), pages 251-260, May.
    11. 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.
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    Cited by:

    1. Mun, Se-il, 1999. "Peak-Load Pricing of a Bottleneck with Traffic Jam," Journal of Urban Economics, Elsevier, vol. 46(3), pages 323-349, November.

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    More about this item

    Keywords

    Road traffic congestion; congestion pricing; hypercongestion; carfollowing theory;
    All these keywords.

    JEL classification:

    • R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
    • R48 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government Pricing and Policy
    • D62 - Microeconomics - - Welfare Economics - - - Externalities

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