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This paper considers the path choice problem, formulating and discussing an econometric random utility model for the choice of path in a network with no restriction on the choice set. Starting from a dynamic specification of link choices we show that it is equivalent to a static model of the...
Persistent link: https://www.econbiz.de/10010703231
We study urban traffic equilibrium involving three classes of agents: car users, bus users or passengers and bus operators. A partially unregulated transit system is assumed, where bus fares are exogenously determined by municipal or transportation authorities, but bus operators are allowed to...
Persistent link: https://www.econbiz.de/10005228291
We show by means of a counterexample that a solution to the equilibrium network design problem is not, in general, a Pareto optimal point.
Persistent link: https://www.econbiz.de/10005191550