AbstractThis study explores the economic mechanisms behind the decline of a surface transportation network, based on the assumption that the decline phase is a spontaneous process driven by decentralized decisions of individual travelers and privatized links. A simulation model is developed with a degeneration process by which the weakest link is removed iteratively from the network. Experiments reveal how the economic efficiency of a network evolves during the degeneration process and suggest an “optimal” degenerated network could be derived during the decline phase in terms of maximizing total social welfare.
The weakest link: The decline of the surface transportation network
Transportation Research Part E: Logistics and Transportation Review ; 44 , 1 ; 100-113
2006-09-15
14 pages
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
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