Hazardous material transporters are always concerned with minimizing both the transportation costs and the associated transport risks. Existing studies had formulated the hazardous material transportation problem into a two player zero sum game where either the travel time or the disaster cost is minimized. This paper developed a game theoretic model where both objectives are achieved simultaneously. A parameter which connects risk and travel cost is introduced and discussed in terms of its impact on the equilibrium solution. This model is transformed into a linear minimization problem which can be solved with any commercial optimization software.
Game Theoretic Approach over a Hazardous Material Transportation Network
The Twelfth COTA International Conference of Transportation Professionals ; 2012 ; Beijing, China
CICTP 2012 ; 3558-3569
2012-07-23
Conference paper
Electronic Resource
English
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