Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/119832
Authors: 
Borghesi, Simone
Calastri, Chiara
Fagiolo, Giorgio
Year of Publication: 
2014
Series/Report no.: 
LEM Working Paper Series 2014/15
Abstract: 
The issue of transportation is of primary importance in our societies. A large share of green-house gases is generated by the transport sector, and road casualties are one am ong the most common causes of death. In the present work, we study commuter choice between alternative transport modes using an evolutionary-game model, wherein commuters can choose between using their private car or taking the bus. We examine the possible dynamics that can emerge in a homogeneous urban population, where agents are boundedly rational and imitate the others. We obtain a different number of equilibria depending on the values of the parameters of the model. We carry out comparative-static exercises and examine possible policy measures that can be implemented in order to modify the agents' payoff, an d consequently the equilibria of the system, leading the society towards more sustainable transportation patterns.
Subjects: 
Commuter choices
Transportation
Evolutionary dynamics
Environmental policy
JEL: 
C73
R4
D6
Document Type: 
Working Paper

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