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Recursive transport flow dynamics with time dependent a priori information
Nationalekonomi, Örebro universitet/Department of Economics, University of Örebro.
Umeå University, Faculty of Social Sciences, Department of Economics.
1999 (English)In: The annals of regional science, ISSN 0570-1864, E-ISSN 1432-0592, Vol. 33, no 1, 25-32 p.Article in journal (Refereed) Published
Abstract [en]

Two properties of a dynamic network flow model based on a slow process of structural adjustment inspired by principles used in models utilising a priori information is analysed. Initially it is proved that each time period is characterised by monotonically non-increasing transportation costs among flows. Secondly, we analyse the recursive sequence of connected periods. This dynamic sequence is shown to converge to the linear programming solution connected with cost minimisation. Evidently those properties have to be taken into consideration when this class of network flow models is used in forecasting of future transport flows in the process of infrastructure planning.

Place, publisher, year, edition, pages
1999. Vol. 33, no 1, 25-32 p.
National Category
Economics
Identifiers
URN: urn:nbn:se:umu:diva-24635DOI: 10.1007/s001680050090OAI: oai:DiVA.org:umu-24635DiVA: diva2:226947
Available from: 2009-07-08 Created: 2009-07-08 Last updated: 2017-12-13

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CiteExportLink to record
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