Journal article
Vickrey meets Alonso: Commute scheduling and congestion in a monocentric city
University of Copenhagen1
The California State University2
Department of Management Engineering, Technical University of Denmark3
Systems Analysis, Department of Management Engineering, Technical University of Denmark4
Transport DTU, Department of Management Engineering, Technical University of Denmark5
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.
| Language: | English |
|---|---|
| Year: | 2018 |
| Pages: | 40-53 |
| ISSN: | 10959068 and 00941190 |
| Types: | Journal article |
| DOI: | 10.1016/j.jue.2018.02.003 |
| ORCIDs: | 0000-0002-6452-5215 , 0000-0001-8209-4319 and Ranjan, Abhishek |
