A game theory approach to urban public transport integration policy

Document Type

Journal Article

Publication Date

2008

Subject Area

planning - integration, place - urban, mode - mass transit

Keywords

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

Abstract

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.

Comments

Transport Policy Home Page: http://www.sciencedirect.com/science/journal/0967070X

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