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.


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    Titel :

    The weakest link: The decline of the surface transportation network


    Beteiligte:
    Xie, Feng (Autor:in) / Levinson, David (Autor:in)


    Erscheinungsdatum :

    2006-09-15


    Format / Umfang :

    14 pages




    Medientyp :

    Aufsatz (Zeitschrift)


    Format :

    Elektronische Ressource


    Sprache :

    Englisch





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