Commute Scheduling and Congestion in a Monocentric City
Publikation: Working paper › Forskning
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Commute Scheduling and Congestion in a Monocentric City. / Fosgerau, Mogens; Kim, Jinwon; Ranjan, Abhishek.
2017.Publikation: Working paper › Forskning
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TY - UNPB
T1 - Commute Scheduling and Congestion in a Monocentric City
AU - Fosgerau, Mogens
AU - Kim, Jinwon
AU - Ranjan, Abhishek
PY - 2017
Y1 - 2017
N2 - This paper studies the interaction between dynamic traffic congestion and urban spatial equilibrium, using a model that is a straight unification of the Vickrey (1969) bottleneck congestion model and the Alonso (1964) monocentric city model. In a monocentric city with a bottleneck at the entrance to the CBD, residents choose their commute departure time jointly with residential location and housing consumption. Commuters arrive at the bottleneck in sequence sorted by residential location, so that more distant residents arrive later. The socially optimal toll makes central residents commute earlier in the morning than they would without the toll, which in turn induces a city that is less dense in the center and more dense further out. This is the opposite effect of what is found in models with static congestion.
AB - This paper studies the interaction between dynamic traffic congestion and urban spatial equilibrium, using a model that is a straight unification of the Vickrey (1969) bottleneck congestion model and the Alonso (1964) monocentric city model. In a monocentric city with a bottleneck at the entrance to the CBD, residents choose their commute departure time jointly with residential location and housing consumption. Commuters arrive at the bottleneck in sequence sorted by residential location, so that more distant residents arrive later. The socially optimal toll makes central residents commute earlier in the morning than they would without the toll, which in turn induces a city that is less dense in the center and more dense further out. This is the opposite effect of what is found in models with static congestion.
KW - Faculty of Social Sciences
KW - Congestion
KW - Toll
KW - Land Use
KW - Bottleneck Model
KW - Monocentric Model
KW - D62
KW - R14
KW - R41
M3 - Working paper
T3 - University of Copenhagen. Institute of Economics. Discussion Papers (Online)
BT - Commute Scheduling and Congestion in a Monocentric City
ER -
ID: 190436161