40.316 Game Theory - Understanding Drivers in Car-lite Singapore and the Impact of Cycling
Project Title: Understanding Drivers in Car-lite Singapore and the Impact of Cycling using Game Theory
Description: Urban road planning in Singapore has changed over recent years, with an increased emphasis on bike lanes. This can be attributed both to the growing desire to reduce carbon emissions as well as an increased uptake in cycling.
A concern about prioritising bike lanes is that the car lanes would get more congested. Still, we hypothesise that the Law of Induced Demand would lower car usage and thus reduce the travel time of road users. Therefore, we seek to formulate a simple road network with game theory and analyse if our hypothesis is true. Specifically, this study will be using the scenario of our own group member who drives and cycles to school, as a way to formulate our traffic network values.
Concepts:
- Nash Equilibrium
- Social Welfare, Convex Optimization
- Braess Paradox
Tools used:
- Python, just cvxpy