Ramp meters in the Twin Cities were turned off for 8 weeks in the Fall of 2000. Previous research has assumed demand to be fixed when analyzing ITS technologies, however analysis of this ramp metering shut down experiment, using traffic count data from freeway loop detectors, suggests otherwise:...

The fundamentals of an exchange economy, the preferences of individuals, can be identified from the competitive equilibrium correspondence, which associates equilibrium prices of commodities to allocations of endowments; the argument extends to production economies. The essential step is the...

In Fall 2000, more than 430 ramp meters in the Twin Cities metropolitan area were shut down in order to evaluate the effectiveness of the metering system. This shutdown disturbed normal traffic patterns and thus traffic equilibrium. The purpose of our research is to examine how long it takes to...