Intermodal competition with high speed rail-a game theory approach

Oliver Feng Yeu Shyr, Meng Fu Hung

研究成果: Article同行評審

10 引文 斯高帕斯(Scopus)

摘要

It was estimated that approximately 50% of the air trips, 20% of rail trips, and 15% of freeway bus trips in Taiwan's western corridor would be replaced by Taiwan High Speed Rail (THSR) [5]. If the carriers of these trips are to compete with THSR, reducing flight frequency and allying airlines might be the most effective approaches. In this paper we calibrate the payoff functions of various modes with stated preference (SP) and revealed preference (RP) data and solve the new Nash Equilibrium by maximizing payoff functions with respect to fare rates and flight frequency after the operation of THSR. In the case study, we predict that allied airlines flying between Taipei and Kaohsiung would be difficult to remain profitable during the first quarter of THSR's operations, but the market share and the daily flight frequency will reduce by more than 50%.

原文English
頁(從 - 到)32-40
頁數9
期刊Journal of Marine Science and Technology
18
發行號1
出版狀態Published - 2010 二月 1

All Science Journal Classification (ASJC) codes

  • Oceanography
  • Ocean Engineering
  • Mechanics of Materials
  • Mechanical Engineering

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