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.
Recommended Citation
Roumboutsos, Athena, Kapros, Seraphim. (2008). A game theory approach to urban public transport integration policy. Transport Policy, Volume 15, Issue 4, pp 209-215.
Comments
Transport Policy Home Page: http://www.sciencedirect.com/science/journal/0967070X