Integrated Optimization of Bus Line Fare and Operational Strategies Using Elastic Demand
Joint Authors
Ge, Ying-En (Ethan)
Tang, Chunyan
Ceder, Avishai (Avi)
Source
Journal of Advanced Transportation
Issue
Vol. 2017, Issue 2017 (31 Dec. 2017), pp.1-15, 15 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2017-04-20
Country of Publication
Egypt
No. of Pages
15
Main Subjects
Abstract EN
An optimization approach for designing a transit service system is proposed.
Its objective would be the maximization of total social welfare, by providing a profitable fare structure and tailoring operational strategies to passenger demand.
These operational strategies include full route operation (FRO), limited stop, short turn, and a mix of the latter two strategies.
The demand function is formulated to reflect the attributes of these strategies, in-vehicle crowding, and fare effects on demand variation.
The fare is either a flat fare or a differential fare structure; the latter is based on trip distance and achieved service levels.
This proposed methodology is applied to a case study of Dalian, China.
The optimal results indicate that an optimal combination of operational strategies integrated with a differential fare structure results in the highest potential for increasing total social welfare, if the value of parameter ε related to additional service fee is low.
When this value increases up to more than a threshold, strategies with a flat fare show greater benefits.
If this value increases beyond yet another threshold, the use of skipped stop strategies is not recommended.
American Psychological Association (APA)
Tang, Chunyan& Ceder, Avishai (Avi)& Ge, Ying-En (Ethan). 2017. Integrated Optimization of Bus Line Fare and Operational Strategies Using Elastic Demand. Journal of Advanced Transportation،Vol. 2017, no. 2017, pp.1-15.
https://search.emarefa.net/detail/BIM-1170918
Modern Language Association (MLA)
Tang, Chunyan…[et al.]. Integrated Optimization of Bus Line Fare and Operational Strategies Using Elastic Demand. Journal of Advanced Transportation No. 2017 (2017), pp.1-15.
https://search.emarefa.net/detail/BIM-1170918
American Medical Association (AMA)
Tang, Chunyan& Ceder, Avishai (Avi)& Ge, Ying-En (Ethan). Integrated Optimization of Bus Line Fare and Operational Strategies Using Elastic Demand. Journal of Advanced Transportation. 2017. Vol. 2017, no. 2017, pp.1-15.
https://search.emarefa.net/detail/BIM-1170918
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1170918