Control Strategies for Transport Systems with Nonlinear Waiting Costs
Arnold I. Barnett
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Arnold I. Barnett: Massachusetts Institute of Technology, Cambridge, Massachusetts
Transportation Science, 1978, vol. 12, issue 2, 119-136
Abstract:
The interaction between a transport company and its passengers is modeled as a cooperative game in which the company, subject to an economic constraint, uses the vehicle dispatch strategy under which a time-related cast function for passengers is minimized. A rudimentary transport system is studied in detail, and the joint optimal strategy for passengers and the transport company is obtained.
Date: 1978
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Persistent link: https://EconPapers.repec.org/RePEc:inm:ortrsc:v:12:y:1978:i:2:p:119-136
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