Hyperdemand: A static traffic model with backward-bending demand curves

Arnott, 2010, The stability of downtown parking and traffic congestion, J. Urban Econ., 68, 260, 10.1016/j.jue.2010.05.001 Arnott, 1994 Buisson, 2009, Exploring the impact of homogeneity of traffic measurements on the existence of macroscopic fundamental diagrams, Transport. Res. Rec., 127, 10.3141/2124-12 Cass, 1983, Do sunspots matter?, J. Polit. Econ., 91, 193, 10.1086/261139 Daganzo, 2007, Urban gridlock: macroscopic modeling and mitigation approaches, Transp. Res. Part B Methodol., 41, 49, 10.1016/j.trb.2006.03.001 Diamond, 1982, Aggregate demand management in search equilibrium, J. Polit. Econ., 90, 881, 10.1086/261099 Foster, 1974, The regressiveness of road pricing, Int. J. Transp. Econ., 1, 133 Geroliminis, 2008, Existence of urban-scale macroscopic fundamental diagrams: some experimental findings, Transp. Res. Part B Methodol., 42, 759, 10.1016/j.trb.2008.02.002 Huang, 2000, The models and economics of carpools, Ann. Reg. Sci., 34, 55, 10.1007/s001680050126 Jensen, 2008, Giffen behavior and subsistence consumption, Am. Econ. Rev., 98, 1553, 10.1257/aer.98.4.1553 Lehe, 2017, Downtown tolls and the distribution of trip lengths, Econ. Transport., 11–12, 23, 10.1016/j.ecotra.2017.10.003 Lehe, 2019, Downtown congestion pricing in practice, Transport. Res. Part C, 100, 200, 10.1016/j.trc.2019.01.020 Little, 2008, Little's Law, 81 Mahmassani, 1984, Investigation of network-level traffic relationships: some simulation results, Transport. Res. Rec., 971, 121 Mortensen, 1994, Job creation and job destruction in the theory of unemployment, Rev. Econ. Stud., 61, 397, 10.2307/2297896 Mun, 1994, Traffic jams and the congestion toll, Transp. Res. Part B Methodol., 28 B, 365, 10.1016/0191-2615(94)90035-3 de Palma, 2010 Shaheen, 2019, Shared ride services in North America: definitions, impacts, and the future of pooling, Transport Rev., 39, 427, 10.1080/01441647.2018.1497728 Small, 2015, The bottleneck model: an assessment and interpretation, Econ. Transport., 4, 110, 10.1016/j.ecotra.2015.01.001 Small, 2003, Hypercongestion, J. Transport Econ. Pol., 37, 319 Tsubota, 2014, Macroscopic fundamental diagram for Brisbane, Australia, Transport. Res. Rec.: J. Transport .Res. Board, 2421, 12, 10.3141/2421-02 Verhoef, 1999, Time, speeds, flows and densities in static models of road traffic congestion and congestion pricing, Reg. Sci. Urban Econ., 29, 341, 10.1016/S0166-0462(98)00032-5 Verhoef, 2005, Speed-flow relations and cost functions for congested traffic: theory and empirical analysis, Transport. Res. Pol. Pract., 39, 792, 10.1016/j.tra.2005.02.023 Walters, 1961, The theory and measurement of private and social cost of highway congestion, Econometrica, 29, 676, 10.2307/1911814