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Authors: Jianan Zhang and Peng Zhao

Affiliation: School of Traffic and Transportation and Beijing Jiaotong University, China

Keyword(s): High-speed railway, Game theory, Competitive strategy.

Abstract: This paper considered the access cost of passengers, and constructed a passenger’s total travel cost function. We employed the concept of “linear city” to analyze the market share between high-speed rail (HSR) and airline (AIR), and analyzed the relation between the two competitors with the non-cooperative game theory. We took the fixed fare and variable fare rate as decision variables, and established an optimizing model to calculate the fares of each mode, and then put forward a heuristic algorithm to solve the model. Taking the Wuhan-Guangzhou transportation corridor as the background, the model and algorithm were used to calculate the optimizing fares. And analyzed change of solutions with different value of time, then discussed the competitive strategies of the HSR. The result demonstrated this model reflects facts reasonably and can be used to generate better competitive strategies.

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Paper citation in several formats:
Zhang, J. and Zhao, P. (2011). MODEL AND ALGORITHM OF COMPETITION BETWEEN HIGH-SPEED RAILWAY AND AIR TRANSPORT - Game Theory Based. In Proceedings of the 13th International Conference on Enterprise Information Systems (ICEIS 2011) - Volume 3: PMSS; ISBN 978-989-8425-56-0; ISSN 2184-4992, SciTePress, pages 563-568. DOI: 10.5220/0003586105630568

@conference{pmss11,
author={Jianan Zhang. and Peng Zhao.},
title={MODEL AND ALGORITHM OF COMPETITION BETWEEN HIGH-SPEED RAILWAY AND AIR TRANSPORT - Game Theory Based},
booktitle={Proceedings of the 13th International Conference on Enterprise Information Systems (ICEIS 2011) - Volume 3: PMSS},
year={2011},
pages={563-568},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0003586105630568},
isbn={978-989-8425-56-0},
issn={2184-4992},
}

TY - CONF

JO - Proceedings of the 13th International Conference on Enterprise Information Systems (ICEIS 2011) - Volume 3: PMSS
TI - MODEL AND ALGORITHM OF COMPETITION BETWEEN HIGH-SPEED RAILWAY AND AIR TRANSPORT - Game Theory Based
SN - 978-989-8425-56-0
IS - 2184-4992
AU - Zhang, J.
AU - Zhao, P.
PY - 2011
SP - 563
EP - 568
DO - 10.5220/0003586105630568
PB - SciTePress

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