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A New General Equilibrium Model

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Transportation Planning

Part of the book series: Applied Optimization ((APOP,volume 64))

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Abstract

In this paper we present a new general equilibrium model appropriate for multimodal networks. A solution of the model gives the equilibrium distribution of travellers and vehicles over a transportation network. The model is expressed in terms of inverse cost-flow functions; and delays are explicitly modelled. The paper outlines an equilibration algorithm and convergence results for a small network are provided. The equilibrium model has been designed in such a way that optimisation procedures may naturally be added to the equilibration algorithm.

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© 2002 Kluwer Academic Publishers

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Xiang, Y., Smith, M.J., Logie, M. (2002). A New General Equilibrium Model. In: Patriksson, M., Labbé, M. (eds) Transportation Planning. Applied Optimization, vol 64. Springer, Boston, MA. https://doi.org/10.1007/0-306-48220-7_7

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  • DOI: https://doi.org/10.1007/0-306-48220-7_7

  • Publisher Name: Springer, Boston, MA

  • Print ISBN: 978-1-4020-0546-6

  • Online ISBN: 978-0-306-48220-5

  • eBook Packages: Springer Book Archive

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