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Apr 26, 2012

Elastic Demand Traffic Assignment Model by Price-Quantity Regulation

Publication: International Conference on Transportation Engineering 2007

Abstract

With analysis method of economics disequilibrium principle and introduction of quantity signal into the travel market, this paper analyzes the traffic spillover effects during the traveling. Based on the establishment of traffic demand and supply function, in which price and quantity are regarded as main decision variables, this paper applies control theory to show that the disequilibrium of traffic demand and supply is universally exist in the travel market. The price-quantity regulation traffic assignment model with elastic demand is established. The traditional elastic demand traffic assignment model is one special case of the model proposed in this paper.

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Go to International Conference on Transportation Engineering 2007
International Conference on Transportation Engineering 2007
Pages: 747 - 752

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Published online: Apr 26, 2012

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Zhongxiang Huang [email protected]
School of Traffic & Transportation, Changsha University of Science and Technology, 410076, Changsha, P.R.China;. E-mail: [email protected]
Aiwu Kuang
School of Traffic & Transportation, Changsha University of Science and Technology, 410076, Changsha, P.R.China

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