Agent-Based Model of Price Competition and Product Differentiation on Congested Networks

Preprint OPEN
Lei Zhang; David Levinson; Shanjiang Zhu;
  • Subject: Network dynamics, road pricing, autonomous links, privatization, price competition, product differentiation, agent-based transportation model
    • jel: jel:R40 | jel:R42 | jel:R48 | jel:D10 | jel:D21 | jel:D23 | jel:D24 | jel:D43 | jel:D83 | jel:D85 | jel:H21 | jel:H23 | jel:H44 | jel:L92 | jel:O33 | jel:C72

Using consistent agent-based techniques, this research models the decision-making processes of users and infrastructure owner/operators to explore the welfare consequence of price competition, capacity choice, and product differentiation on congested transportation netw... View more
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