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Contributions to Game Theory and Management, 2015, Volume 8, Pages 223–230
(Mi cgtm268)
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Cooperation in transportation game
Anna V. Melnik St. Petersburg State University,
Faculty of Applied Mathematics and Control Processes,
Universitetskii pr. 35, St. Petersburg, 198504, Russia
Abstract:
We consider a game-theoretic model of competition and cooperation of transport companies on a graph. First, a non-cooperative $n$-person game which is related to the queueing system $M/M/n$ is considered. There are $n$ competing transport companies which serve the stream of passengers with exponential distribution of time with parameters $\mu^{(i)}$, $i=1, 2,\dots,n$ respectively on the graph of routes. The stream of passengers from a stop $k$ to another stop $t$ forms the Poisson process with intensity $\lambda_{kt}$. The transport companies announce the prices for the service on each route and the passengers choose the service with minimal costs. The incoming stream $\lambda_{kt}$ is divided into $n$ Poisson flows with intensities $\lambda_{kt}^{(i)}$, $i=1, 2,\dots,n$. The problem of pricing for each player in the competition and cooperation is solved.
Keywords:
Duopoly, equilibrium prices, queueing system.
Citation:
Anna V. Melnik, “Cooperation in transportation game”, Contributions to Game Theory and Management, 8 (2015), 223–230
Linking options:
https://www.mathnet.ru/eng/cgtm268 https://www.mathnet.ru/eng/cgtm/v8/p223
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Statistics & downloads: |
Abstract page: | 156 | Full-text PDF : | 103 | References: | 39 |
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