Game Theoretic Models for Competition in Public Transit Services

Eddie Y. S. Chan; Janny M. Y. Leung

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Paper

Game Theoretic Models for Competition in Public Transit Services

Topics: Game Theory; OR in Transportation

In Proceedings of the International Conference on Operations Research and Enterprise Systems - Volume 1: ICORES, 133-139, 2015 , Lisbon, Portugal

Authors: Eddie Y. S. Chan ¹ and Janny M. Y. Leung ²

Affiliations: ¹ Quintiq, Malaysia ; ² The Chinese University of Hong Kong, Hong Kong

ISBN: 978-989-758-075-8

ISSN: 2184-4372

Keyword(s): Game Theory, Competition, Public Transit.

Related Ontology Subjects/Areas/Topics: Applications ; Game Theory ; Methodologies and Technologies ; Operational Research ; OR in Transportation ; Pattern Recognition ; Software Engineering

Abstract: As metropolitan areas grow, the need to travel by the populace has increased the burden on the transport systems, leading to increased traffic congestion and environmental concerns. In this paper, we discuss some game-theoretic models that can be used to investigate the competitive situation when several service providers offer public transit services. The competition among the operators can be modelled by a class of games called potential games, and we discuss mathematical programmes that can be used to find the Nash equilibria for these games. By examining the equilibrium solutions, we can investigate the relative merits and tradeoffs for different structures of the transit networks, and the interplay between the services offered and the overall ridership of the system.

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Paper citation in several formats:

Y. S. Chan, E. and M. Y. Leung, J. (2015). Game Theoretic Models for Competition in Public Transit Services.In Proceedings of the International Conference on Operations Research and Enterprise Systems - Volume 1: ICORES, ISBN 978-989-758-075-8, ISSN 2184-4372, pages 133-139. DOI: 10.5220/0005218201330139

@conference{icores15,
author={Eddie Y. S. Chan. and Janny M. Y. Leung.},
title={Game Theoretic Models for Competition in Public Transit Services},
booktitle={Proceedings of the International Conference on Operations Research and Enterprise Systems - Volume 1: ICORES,},
year={2015},
pages={133-139},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0005218201330139},
isbn={978-989-758-075-8},
}

TY - CONF

JO - Proceedings of the International Conference on Operations Research and Enterprise Systems - Volume 1: ICORES,
TI - Game Theoretic Models for Competition in Public Transit Services
SN - 978-989-758-075-8
AU - Y. S. Chan, E.
AU - M. Y. Leung, J.
PY - 2015
SP - 133
EP - 139
DO - 10.5220/0005218201330139