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Day-to-day Dynamics & Equilibrium Stability in A Two-Mode Transport System with Responsive bus Operator Strategies

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  • Giulio Cantarella
  • Pietro Velonà
  • David Watling

Abstract

This paper presents a day-to-day dynamic analysis of mode choice behaviour in a transportation system. Presented results, regarding a simple two-mode system, support the conjecture that multiple equilibria can likely be observed in such systems. This condition may have a great impact on the design of transit operator strategies. Copyright Springer Science+Business Media New York 2015

Suggested Citation

  • Giulio Cantarella & Pietro Velonà & David Watling, 2015. "Day-to-day Dynamics & Equilibrium Stability in A Two-Mode Transport System with Responsive bus Operator Strategies," Networks and Spatial Economics, Springer, vol. 15(3), pages 485-506, September.
    • Handle: RePEc:kap:netspa:v:15:y:2015:i:3:p:485-506
    DOI: 10.1007/s11067-013-9188-4
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    References listed on IDEAS

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    Cited by:

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