4.7 Article

A game theory approach to urban public transport integration policy

期刊

TRANSPORT POLICY
卷 15, 期 4, 页码 209-215

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ELSEVIER SCI LTD
DOI: 10.1016/j.tranpol.2008.05.001

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Urban public transport policy; Transport integration; Game theory; Transport operators; Transport market

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A game theoretic conceptual framework model is presented to highlight strategies undertaken by individual public transport operators, public or private, vis-A-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. (C) 2008 Elsevier Ltd. All rights reserved.

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