Traffic congestion: Tolls
In a preceding article we have used a simple model to demonstrate how selfish behavior can create additional congestion. One…
Author Archives: Cristóbal Guzmán
Traffic congestion: Pigou's example
In network congestion models, we make some simplifying assumptions that make our life easier. In a large-scale system, each individual…
Congested Roads
Traffic jams are one of the biggest inconveniences in modern time. They lead to stressful situations for commuters, and cause…