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| Author: | Small, K. A. Chu, X. |
| Title: | Hypercongestion |
| Journal: | Journal of Transport, Economics and Policy
2003 : SEP, VOL. 37:3, p. 319-352 |
| Index terms: | congestion traffic models |
| Language: | eng |
| Abstract: | The standard economic model for analysing traffic congestion incorporates a relationship between speed and traffic flow. Empirical measurements indicate a region, known as hypercongestion, in which speed increases with flow. It is here argued that this relationship is unsuitable as a supply curve for equilibrium analysis because observed hypercongestion occurs as a response to transient demand fluctuations. Models for handling such fluctuations are presented. |
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