Backus, Kehoe and Kydland (1992), Baxter and Crucini (1995) and Stockman and Tesar (1995) find two major discrepancies between standard international business cycle models with complete markets and the data: In the models, cross-country correlations are much higher for consumption than for...

The analysis in Ball and Romer [1991] suggests that models with fixed costs of changing price may be rife with multiple equilibria; in their static model price adjustment is always characterized by strategic complementarity, a necessary condition for multiplicity. We extend Ball and Romer's...

In this paper, we conduct an empirical comparison of travel time estimation methods based on single-loop detector data. The methods of concern are the regression method based on an intuitive stochastic model as proposed by Petty et al. in [7], and the conventional method of using an identity...

This paper discusses diagnosis problems in distributed systems within the context of a language- theoretic discrete event formalism. A distributed system is seen as a system with multiple spatially separated sites with each site having a diagnoser that observes some of the events generated by...

A lane change maneuver is one of the many appropriate responses to an emergency situation. The design of an Emergency Lane Change (ELC) maneu- ver for a platoon of two vehicles is considered in this paper. In response to the presence of a stationary or a slowly moving obstacle in the lane or any...

This project will further adapt and enhance the previous research of relevance to event-based Advanced Traveler Information Systems (ATIS) and implement the algorithms for traffic management in Anaheim. The implementation involves the Caltrans-UCI ATMS research testbed framework at the UCI...

From an operations standpoint, the most important task of a traffic surveillance system is determining reliably whether the facility is free flowing or congested. The second most important task is responding rapidly when the facility becomes congested. Other tasks, such as quantifying the...

This document constitutes a final report for MOU 39. It contains a User's Manual, Programmer's Guide, source code and underlying theory for the program MEDUSA. This program is capable of simulating both the normative driving dynamics and collision dynamics of an arbitrary number of vehicles. Its...

Travel time is the reciprocal of speed and is a useful measure of road congestion and traffic system performance. Travel time is also a basic traffic variable that is used in many Intelligent Transportation System (ITS) strategies such as route guidance, incident detection, and traveler...