Traffic Equilibrium

This chapter presents how traffic equilibrium is described through analytical tools of the stationary distribution of vehicles in a transportation network. Assuming that travelers seek to minimize their individual travel cost, an equilibrium is reached when no traveler has an incentive to modify its travel decisions. Historically, the term traffic assignment was used to describe the same phenomenon, reflecting the fact that the practice was not so much of estimating the traffic distribution through analytical models – including design of pricing aspects – than performing an assignment of travelers onto the network, typically in order to assess the performance of traffic control policies. Traffic equilibrium is the cornerstone, or the “inner loop”, of any modern network analysis.

  • Availability:
  • Corporate Authors:

    Elsevier

    The Boulevard, Langford Lane
    Kidlington, Oxford  United Kingdom  OX5 1GB
  • Authors:
    • Marcotte, Patrice
    • Patriksson, Michael
  • Publication Date: 2007

Language

  • English

Media Info

  • Media Type: Print
  • Edition: Volume 14
  • Features: Appendices; Figures; References; Tables;
  • Pagination: pp 623-713
  • Monograph Title: Handbooks in Operations Research and Management Science

Subject/Index Terms

Filing Info

  • Accession Number: 01109130
  • Record Type: Publication
  • ISBN: 97804444513465
  • Files: TRIS
  • Created Date: Aug 22 2008 8:43AM