The present study focuses on two major types of fare collection systems for public transportations, barrier and barrier-free, and provides a mathematical framework to evaluate optimal choices between them, i.e., which system can be more profitable for a transit agency. In particular, we consider...

Reciprocity is common in economic and social domains, and it has been widely documented in the laboratory. While positive and negative reciprocity are observed in investment and ultimatum games, respectively, prior laboratory studies often neglect the effect of time delays that are common in...

In one-shot public goods dilemmas, defection is the strictly dominant strategy. However, agents with cooperative strategies can do well if (1) agents are `translucent' (that is, if agents can fallibly recognize the strategy other agents play ex ante) and (2) an institutional structure allows...

Can people be relied upon to be nice to each other? Thomas Hobbes famously did not think so, but his view that rational cooperation does not require that people be nice has never been popular. The debate has continued to simmer since Joseph Butler took up the Hobbist gauntlet in 1725. This...

This paper presents a new game theoretic methodology for water and discharge permit allocation to agricultural zones in shared rivers. The methodology consists of four main steps: (1) initial allocation of water rights and pollutant discharge permits, (2) forming possible coalitions and optimal...

In game theory, potential resolutions to a conflict are found through stability analysis, based on stability definitions having precise mathematical structures. A stability definition reflects a decision maker’s behavior in a conflict or game, predicts how the game is played, and suggests the...

In this study, a continuous model of stochastic dynamic game for water allocation from a reservoir system was developed. The continuous random variable of inflow in the state transition function was replaced with a discrete approximant rather than using the mean of the random variable as is done...

This article is part of a Special Issue on ICT-based Strategies for Environmental Conflicts.The special issue ICT-based strategies for environmental conflicts contains four peer-reviewed articles devoted to the analysis of multiagents decision problems arising from the exploitation of...

Horizontal collaboration among shippers is gaining traction as a way to increase logistic efficiency. The total distribution cost of a logistic coalition is generally between 9% and 30% lower than the sum of costs of each partner distributing separately. However, the coalition gain is highly...

There is growing evidence that low-quality customer service prevails in the mobile telecommunications industry. In this paper we provide theoretical support to this empirical observation by using simple game theoretical models where inefficient low-quality service levels are part of an...