A Structural Model of Peak-Period Congestion: A Traffic Bottleneck with Elastic Demand.

S-Tier
Journal: American Economic Review
Year: 1993
Volume: 83
Issue: 1
Pages: 161-79

Authors (3)

Score contribution per author:

2.681 = (α=2.01 / 3 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper considers the modeling of road congestion subject to peak-load demand. The standard model contains ambiguities and is poorly specified. These problems can be eliminated by working with a structural model that explicitly treats the congestion technology and drivers' behavioral decisions. The paper provides a detailed analysis of a particular structural model--William Vickrey' s model of bottleneck congestion in the morning rush-hour auto commute extended to treat elastic (i.e., price-sensitive) demand--and examin es some economic implications of the structural approach. Copyright 1993 by American Economic Association.

Technical Details

RePEc Handle
repec:aea:aecrev:v:83:y:1993:i:1:p:161-79
Journal Field
General
Author Count
3
Added to Database
2026-01-24