Delay strategies in a competitive transportation system

Authors

Maria Marfil National Institute of Physics, University of the Philippines Diliman
Patricia Castro National Institute of Physics, University of the Philippines Diliman
Johnrob Bantang National Institute of Physics, University of the Philippines Diliman
May Lim National Institute of Physics, University of the Philippines Diliman
Christopher Monterola National Institute of Physics, University of the Philippines Diliman
Caesar Saloma National Institute of Physics, University of the Philippines Diliman

Abstract

Occurrence of competition for available resources is natural among agents in any given system. In order to maximize personal gain, an agent utilizes various strategies designed to benefit his own interests. In this study, we consider N public utility vehicle drivers as the agents aiming to maximize their individual net income (I) in a transportation system with finite resources (passengers). Two cases are analyzed: (1) non-competitive and (2) competitive loading cases. An optimum delay strategy for an agent exists depending on the number of competitors and their respective strategy. An agent's I decreases slowly as N increases for the non-competitive case. On the other hand, I decays sharply with N for the competitive case.

Downloads

Issue

2002: Proceedings of the 20th Samahang Pisika ng Pilipinas Physics Congress

Article ID

SPP-2002-3G-05

Section

Computational Physics

Published

2002-10-23

How to Cite

[1]

MEA Marfil, PA Castro, J Bantang, M Lim, C Monterola, and C Saloma, Delay strategies in a competitive transportation system, Proceedings of the Samahang Pisika ng Pilipinas 20, SPP-2002-3G-05 (2002). URL: https://proceedings.spp-online.org/article/view/SPP-2002-3G-05.