Network Equilibrium and Pricing

Abstract

11.9 ConclusionThe study of network equilibrium models, and related solution algorithms may be considered to have reached a mature stage. A variety of models may be formulated and solved efficiently on contemporary computing platforms. Applications of network equilibrium models are abundant and relatively common in the practice of transportation planning. However, some of the basic premises of the formulation of these models such as the additivity of link costs to form the cost of path and the static analysis of “average flows” during a selected time period, open the way to the study of more complex models. The recent interest in temporal on dynamic network equilibrium models is already attracting the attention of many researchers and will probably result in interesting new developments.

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