EconPapers    
Economics at your fingertips  
 

A game theoretic/network equilibrium solution approach for the railroad freight car management problem

Evdokia A. Adamidou, Alain L. Kornhauser and Yiannis A. Koskosidis

Transportation Research Part B: Methodological, 1993, vol. 27, issue 3, 237-252

Abstract: The paper presents the development and solution procedures of a mathematical model of the management of a fleet of cars shared by autonomous profit maximizing managers faced with time-varying demands requiring shared service responsibility. Motivation for the model development arises from the freight car management problem, in which many railroads independently manage an interchangeable fleet of cars that serve customers with time-dependent origin-destination patterns; this often requires the cooperative service of more than one railroad. The problem is formulated as an N-person, noncooperative game played on a temporal-spatial network. An iterative sequential procedure is developed for which car management decisions for each railroad over a specified time horizon are based on the previously calculated optimized decisions of car management decisions for all other railroads. Several realistic test case problems are reported that exhibit rapid convergence to an equilibrium solution. It is proposed that this modeling procedure be used as a basis for evaluating (and possibly generating optimal) interrailroad agreements for the exchange of empty freight cars.

Date: 1993
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/0191-2615(93)90033-7
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:transb:v:27:y:1993:i:3:p:237-252

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/supportfaq.cws_home/regional
https://shop.elsevie ... _01_ooc_1&version=01

Access Statistics for this article

Transportation Research Part B: Methodological is currently edited by Fred Mannering

More articles in Transportation Research Part B: Methodological from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:transb:v:27:y:1993:i:3:p:237-252