A game theory approach to urban public transport integration policy
planning - integration, place - urban, mode - mass transit
Urban transportation policy, Transit operating agencies, Transit lines, Transit, Public transit lines, Public transit, Mass transit lines, Mass transit, Local transit, Game theory, Equilibrium (Economics), Case studies
A game theoretic conceptual framework model is presented to highlight strategies undertaken by individual public transport operators, public or private, vis-à-vis operational integration strategies. The Nash equilibrium is used to identify possible outcomes in various market situations. These are compared with reported case studies. The model, as a strategy-guiding tool, may be used to assist transport policy decision-makers concerned with public transport integration in identifying the most cost-effective form of intervention and its timely implementation.
Roumboutsos, Athena, Kapros, Seraphim. (2008). A game theory approach to urban public transport integration policy. Transport Policy, Volume 15, Issue 4, pp 209-215.