Abstract
SummaryIn view of the entrusted transportation management model of High‐Speed Railways (HSR) in China, some questions have been exposed during its operation (eg, the supervision and inspection power of HSR company is not fully implemented, the poor management of safety investments, and no incentive and restraint mechanism). Through the analysis of the current situation of the HSR safety supervision system, a system dynamics (SD) model that is composed of an HSR company, the State Railway Administration (SRA) and the commissioned Railways Bureau (RB) have been established based on evolutionary game theory. The behavioral characteristics and the steady state of the decision‐making of all parties involved in the system are proved by the combination of evolutionary game theory and a system dynamics simulation. The results show that, under the clear incentive and restraint mechanism assumptions, the safety supervision and inspection rate of the system has been effectively improved and the supervision power of HSR company has been implemented.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: Concurrency and Computation: Practice and Experience
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
