A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
A theory and implications on dynamic marginal cost
AbstractThis paper extends the conventional static marginal cost analysis to the dynamic one based on the time-dependent queueing analysis at a bottleneck. First, the supply function is reformulated so as to incorporate dynamically congestion phenomena. And, the marginal cost is shown to be more closely related to the duration of congestion rather than the personal cost, since a slight change of demand at one time affects an entire traffic condition thereafter. Next, the analysis is extended so as to include the departure time choice using previous departure time choice theory. Several implications such as road pricing schemes and ramp control strategies are also discussed.
A theory and implications on dynamic marginal cost
AbstractThis paper extends the conventional static marginal cost analysis to the dynamic one based on the time-dependent queueing analysis at a bottleneck. First, the supply function is reformulated so as to incorporate dynamically congestion phenomena. And, the marginal cost is shown to be more closely related to the duration of congestion rather than the personal cost, since a slight change of demand at one time affects an entire traffic condition thereafter. Next, the analysis is extended so as to include the departure time choice using previous departure time choice theory. Several implications such as road pricing schemes and ramp control strategies are also discussed.
A theory and implications on dynamic marginal cost
Kuwahara, Masao (author)
Transportation Research Part A: Policy and Practice ; 41 ; 627-643
2006-07-14
17 pages
Article (Journal)
Electronic Resource
English
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