{
  "id": "cond-mat/0108548",
  "version": "v1",
  "published": "2001-08-31T20:44:40.000Z",
  "updated": "2001-08-31T20:44:40.000Z",
  "title": "Modelling Widely Scattered States in `Synchronized' Traffic Flow and Possible Relevance for Stock Market Dynamics",
  "authors": [
    "Dirk Helbing",
    "Davide Batic",
    "Martin Schoenhof",
    "Martin Treiber"
  ],
  "comment": "Comments are welcome. For related work see http://www.helbing.org",
  "journal": "Physica A 303, 251-260 (2002)",
  "doi": "10.1016/S0378-4371(01)00483-6",
  "categories": [
    "cond-mat.stat-mech"
  ],
  "abstract": "Traffic flow at low densities (free traffic) is characterized by a quasi-one-dimensional relation between traffic flow and vehicle density, while no such fundamental diagram exists for `synchronized' congested traffic flow. Instead, a two-dimensional area of widely scattered flow-density data is observed as a consequence of a complex traffic dynamics. For an explanation of this phenomenon and transitions between the different traffic phases, we propose a new class of molecular-dynamics-like, microscopic traffic models based on times to collisions and discuss the properties by means of analytical arguments. Similar models may help to understand the laminar and turbulent phases in the dynamics of stock markets as well as the transitions among them.",
  "revisions": [
    {
      "version": "v1",
      "updated": "2001-08-31T20:44:40.000Z"
    }
  ],
  "analyses": {
    "keywords": [
      "traffic flow",
      "stock market dynamics",
      "scattered states",
      "microscopic traffic models"
    ],
    "tags": [
      "journal article"
    ],
    "publication": {
      "journal": "Physica A Statistical Mechanics and its Applications",
      "year": 2002,
      "month": "Jan",
      "volume": 303,
      "number": 1,
      "pages": 251
    },
    "note": {
      "typesetting": "TeX",
      "pages": 0,
      "language": "en",
      "license": "arXiv",
      "status": "editable",
      "adsabs": "2002PhyA..303..251H"
    }
  }
}