Abstract The theory of congestion tolls, in particular, the traffic jam, is developed. A dynamic model of traffic flow is presented that describes the formation and development of the traffic jam based on the theory of kinematic waves. I demonstrate the dynamic externality present when traffic is jammed. Furthermore, I obtained some results that differ from those based on the conventional approach: (a) the cost curve for travel on a long road does not include the backward-bending section that appears in the conventional approach; (b) I allow for traffic jams during optimal use of road.


    Access

    Check access

    Check availability in my library

    Order at Subito €


    Export, share and cite



    Title :

    Traffic jams and the congestion toll


    Contributors:
    Mun, Se-il (author)

    Published in:

    Publication date :

    1994-02-28


    Size :

    11 pages




    Type of media :

    Article (Journal)


    Type of material :

    Electronic Resource


    Language :

    English



    Traffic jams and the congestion toll

    Mun, Se-Il | Online Contents | 1994



    Is Congestion Pricing Effective for Traffic Jams?

    Elzat AYRAT / Xiaoyan LIN | DOAJ | 2022

    Free access

    Remastering traffic jams

    Cropley, Steve | Online Contents | 2007


    Avoiding industrial traffic jams

    Basset, W.R. | Engineering Index Backfile | 1921