The Corridor Problem
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 traffic flow over the morning rush hour and the social optimum, and considers the implications for land use and road cost-benefit analysis.
|Date of creation:||01 Dec 2001|
|Contact details of provider:|| Postal: Boston College, 140 Commonwealth Avenue, Chestnut Hill MA 02467 USA|
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