Bus drivers in competition: A directed location approach

The authors present a directed variant of Salop’s (1979) model to analyze bus transport dynamics. Players are drivers competing in both cooperative and non-cooperative games. Utility is proportional to the total fare collection. Competition for picking up passengers leads to well documented and dangerous driving practices that cause road accidents, traffic congestion and pollution. The authors obtain theoretical results that support the existence and implementation of such practices, and give a qualitative description of how they come to occur. In addition, the authors' results allow to compare the current competitive system with a more cooperative one.

Language

  • English

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Filing Info

  • Accession Number: 01857638
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Sep 15 2022 9:20AM