Road traffic congestion and public information : an experimental investigation
Frédéric Koessler
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- ORCID : 0000-0001-7707-4217
- IdRef : 059897775
Kene Boun My
- Fonction : Auteur
- PersonId : 1050277
- ORCID : 0000-0001-6225-8830
Laurent Denant-Boèmont
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Résumé
This paper reports laboratory experiments designed to study the impact of public information about past departure rates on congestion levels and travel costs. Our design is based on a discrete version of Arnott et al.'s (1990) bottleneck model. In all treatments, congestion occurs and the observed travel costs are quite similar to the predicted ones. Subjects' capacity to coordinate is not affected by the availability of public information on past departure rates, by the number of drivers or by the relative cost of delay. This seemingly absence of treatment effects is confirmed by our finding that a parameter-free reinforcement learning model best characterises individual behaviour.
Domaines
Economies et financesFormat du dépôt | Notice |
---|---|
Type de dépôt | Article dans une revue |
Titre |
en
Road traffic congestion and public information : an experimental investigation
|
Résumé |
en
This paper reports laboratory experiments designed to study the impact of public information about past departure rates on congestion levels and travel costs. Our design is based on a discrete version of Arnott et al.'s (1990) bottleneck model. In all treatments, congestion occurs and the observed travel costs are quite similar to the predicted ones. Subjects' capacity to coordinate is not affected by the availability of public information on past departure rates, by the number of drivers or by the relative cost of delay. This seemingly absence of treatment effects is confirmed by our finding that a parameter-free reinforcement learning model best characterises individual behaviour.
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Auteur(s) |
Anthony Ziegelmeyer
1
, Frédéric Koessler
2
, Kene Boun My
3
, Laurent Denant-Boèmont
4
1
Max Planck Institute of Economics
( 494477 )
- Kahlaische Str. 10, 07745 Jena
- Allemagne
2
THEMA -
Théorie économique, modélisation et applications
( 10592 )
- 33, boulevard du Port 95011 Cergy-Pontoise Cedex
- France
3
BETA -
Bureau d'Économie Théorique et Appliquée
( 93745 )
- Université de Lorraine, UFR Droit Sciences Economiques et Gestion, 13 place Carnot CO 70026, 54035 Nancy Cedex
Université de Strasbourg, Faculté des Sciences Economiques et de Gestion, 61 avenue de la Forêt Noire 67085 Strasbourg Cedex
- France
4
CREM -
Centre de recherche en économie et management
( 894 )
- 7 place Hoche, BP 86514
35065 RENNES CEDEX
- France
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Comité de lecture |
Oui
|
Vulgarisation |
Non
|
Langue du document |
Anglais
|
Nom de la revue |
|
Audience |
Internationale
|
Date de publication |
2008
|
Volume |
42
|
Numéro |
1
|
Page/Identifiant |
43-82
|
Licence |
Paternité
|
Financement |
|
Domaine(s) |
|
Mots-clés |
en
Congestion, Information, Travel behaviour, Learning, Experimental economics
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