The applicability of non-cooperative game theory in transport analysis

The applicability of non-cooperative game theory in transport analysis

0.00 Avg rating0 Votes
Article ID: iaor20071370
Country: Netherlands
Volume: 33
Issue: 5
Start Page Number: 481
End Page Number: 496
Publication Date: Sep 2006
Journal: Transportation
Authors: ,
Keywords: game theory
Abstract:

Various models that incorporate concepts from Non-Cooperative Game Theory (NCGT) are described in the transport literature. Game Theory provides powerful tools for analysing transport systems, but these tools have some drawbacks that should be recognised. In the current paper we review games that describe transport problems and discuss them within a uniform context. Although the paper does not introduce new tools, it presents insights concerning the relations between transport models and games. We divide existing games into groups and show that some common features characterise multiple games. We distinguish between games that make a conceptual contribution and games that are suitable for application. Compact or symmetric game structures make remarkable observations but often do not support actual decision-making. Less aesthetic formats, most of which are Stackelberg games between authorities and travellers, are stronger as instruments that assist in determining real-life policies; these formulations can be treated by practitioners as mathematical programs with equilibrium constraints and not as games.

Reviews

Required fields are marked *. Your email address will not be published.