Marginal congestion cost on a dynamic expressway network
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Marginal congestion cost on a dynamic expressway network. / Fosgerau, Mogens; Small, Kenneth A.
I: Journal of Transport Economics and Policy, Bind 46, Nr. 3, 09.2012, s. 431-450.Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › fagfællebedømt
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TY - JOUR
T1 - Marginal congestion cost on a dynamic expressway network
AU - Fosgerau, Mogens
AU - Small, Kenneth A.
PY - 2012/9
Y1 - 2012/9
N2 - We formulate an empirical model of congestion for a series of sequential expressway links where queues may form and spill back. Its purpose is to disentangle the dynamic effect that a marginal vehicle has on the distribution of travel times experienced there and on connected links. We estimate a dynamic econometric model using unusually complete and accurate data from Danish motorways. We use the results to estimate the marginal external cost of adding a vehicle to a link's entry flow, finding it is highly influenced by the dynamic properties of the system of relationships between travel times and flows.
AB - We formulate an empirical model of congestion for a series of sequential expressway links where queues may form and spill back. Its purpose is to disentangle the dynamic effect that a marginal vehicle has on the distribution of travel times experienced there and on connected links. We estimate a dynamic econometric model using unusually complete and accurate data from Danish motorways. We use the results to estimate the marginal external cost of adding a vehicle to a link's entry flow, finding it is highly influenced by the dynamic properties of the system of relationships between travel times and flows.
UR - http://www.scopus.com/inward/record.url?scp=84866311621&partnerID=8YFLogxK
M3 - Journal article
AN - SCOPUS:84866311621
VL - 46
SP - 431
EP - 450
JO - Journal of Transport Economics and Policy
JF - Journal of Transport Economics and Policy
SN - 0022-5258
IS - 3
ER -
ID: 181872152