How do people choose their commuting mode? : an evolutionary approach to travel choices
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1120-2890; 1973-820X
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Economia politica, 2019, Vol. 36, No. 3, pp. 887-912
[Florence School of Regulation]; [Climate]
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CALASTRI, Chiara, BORGHESI, Simone, FAGIOLO, Giorgio, How do people choose their commuting mode? : an evolutionary approach to travel choices, Economia politica, 2019, Vol. 36, No. 3, pp. 887-912, [Florence School of Regulation], [Climate] - https://hdl.handle.net/1814/60851
Abstract
A considerable amount of studies in the transport literature is aimed at understanding the behavioural processes underlying travel choices, like mode and destination choices. In the present work, we propose the use of evolutionary game theory as a framework to study commuter mode choice. Evolutionary game models work under the assumptions that agents are boundedly rational and imitate others’ behaviour. We examine the possible dynamics that can emerge in a homogeneous urban population where commuters can choose between two modes, private car or public transport. 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, and consequently the equilibria of the system, leading society towards more sustainable transportation patterns.
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First Online: 13 February 2018