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Emergence of an Urban Traffic Macroscopic Fundamental Diagram

Author

Listed:
  • Abhishek Ranjan

    (Technical University of Denmark)

  • Mogens Fosgerau

    (Department of Economics, University of Copenhagen, Denmark)

  • Erik Jenelius

    (KTH Royal Institute of Technology)

Abstract

This paper establishes mild probability-theoretical conditions under which observations of space-averaged speed and occupancy in some area concentrate with low scatter around a well-defined curve. These conditions are validated against empirical data from Stockholm and Geneva. No equilibrating process is required to be in operation.

Suggested Citation

  • Abhishek Ranjan & Mogens Fosgerau & Erik Jenelius, 2019. "Emergence of an Urban Traffic Macroscopic Fundamental Diagram," Discussion Papers 19-04, University of Copenhagen. Department of Economics.
    • Handle: RePEc:kud:kuiedp:1904
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    File URL: https://www.economics.ku.dk/research/publications/wp/dp_2019/1904.pdf
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    Keywords

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    JEL classification:

    • R4 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics
    • C18 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Methodolical Issues: General

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