Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/220039
Authors: 
Frascaria, Dario
Olver, Neil
Verhoef, Erik T.
Year of Publication: 
2020
Series/Report no.: 
Tinbergen Institute Discussion Paper TI 2020-002/VIII
Abstract: 
Hypercongestion - the phenomenon that higher traffic densities can reduce throughput - is well understood at the link level, but has also been observed in a macroscopic form at the level of traffic networks; for instance, in morning rush-hour traffic into a downtown core. In this paper, we show that macroscopic hypercongestion can occur as a purely emergent effect of dynamic equilibrium behaviour on a network, even if the underlying link dynamics (we consider Vickrey bottlenecks with spaceless vertical queues) do not exhibit hypercongestion.
Subjects: 
Hypercongestion
Vickrey bottlenecks
Spaceless vertical queues
Arbitrary networks
Homogeneous users
Optimal (first-best) pricing
JEL: 
D62
R41
R48
Document Type: 
Working Paper

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