The Weakest Link: A Model of the Decline of Surface Transportation Networks.

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The Weakest Link: A Model of the Decline of Surface Transportation Networks.

Published Date

2008

Publisher

Elsevier

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Article

Abstract

This study explores the economic mechanisms behind the decline of a surface transportation network, based on the assumption that the decline phase is a spontaneous process driven by decentralized decisions of individual travelers and privatized links. A simulation model is developed with a degeneration process by which the weakest link is removed iteratively from the network. Experiments reveal how the economic efficiency of a network evolves during the degeneration process and suggest an 'optimal' degenerated network could be derived during the decline phase in terms of maximizing total social welfare.

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National Science Foundation

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http://dx.doi.org/doi:10.1016/j.tre.2006.09.001

Previously Published Citation

Xie, Feng and David Levinson (2008) The Weakest Link: A Model of the Decline of Surface Transportation Networks. Transportation Research part E 44 100-113.

Suggested citation

Xie, Feng; Levinson, David M. (2008). The Weakest Link: A Model of the Decline of Surface Transportation Networks.. Retrieved from the University Digital Conservancy, http://dx.doi.org/doi:10.1016/j.tre.2006.09.001.

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