Walters' Congestion Theory

7 Pages Posted: 16 Oct 2013

See all articles by John F. McDonald

John F. McDonald

University of Illinois at Chicago

Date Written: October 15, 2013


The purpose of this paper is to explain the traffic congestion theory of A. A. Walters (1961). The recent paper by Choi (2013) provides an interpretation of the theory that is no consistent with the Walters presentation. This paper provides an empirical example that demonstrates the validity of the Walters presentation and discusses implications for congestion tolls.

Keywords: Congestion, Toll, Traffic Flow

JEL Classification: R4

Suggested Citation

McDonald, John F., Walters' Congestion Theory (October 15, 2013). Available at SSRN: or

John F. McDonald (Contact Author)

University of Illinois at Chicago ( email )

Chicago, IL 60605
United States
312-281-3287 (Phone)
312-281-3123 (Fax)

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