When two or more buses are scheduled at regular intervals on the same route, planners may expect that each will make the same progress, pausing at each stop for the same interval (1). But if Bus B is delayed by traffic congestion (2), it incurs a penalty: Because it arrives late to the next stop, it will pick up some passengers who’d planned to take Bus C (3). Accommodating these passengers delays Bus B even longer, putting it even further behind schedule. Meanwhile, Bus C begins to make unusually good progress (4), as it now arrives at each stop to...