2019
DOI: 10.3846/transport.2019.11566
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Optimizing Fares and Transfer Discounts for a Bus-Subway Corridor

Abstract: This paper aims to optimize fares and transfer discounts for public transit service along a bus-subway corridor with the consideration of effects of uncertainty in travel times and difference in stop spacing between bus and subway services on passenger behavior. The former factor is captured by the reserved time in travel cost and the latter one produces some passenger Origin–Destination (O–D) pairs along the corridor that can not be served by one mode only. This problem is formulated as a bi-level program, of… Show more

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Cited by 3 publications
(3 citation statements)
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References 30 publications
(33 reference statements)
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“…More recently, Liu et al [14] analyzed the effects of differential fare strategies on social welfare. The authors found that all differential fare strategies produced higher social welfare than the flat fare.…”
Section: Literature Reviewmentioning
confidence: 99%
“…More recently, Liu et al [14] analyzed the effects of differential fare strategies on social welfare. The authors found that all differential fare strategies produced higher social welfare than the flat fare.…”
Section: Literature Reviewmentioning
confidence: 99%
“…The transit corridor defined here is the same as one in [ 32 ], in which more sensitive analysis can be found, including the influence of transit vehicle capacity and passenger demand level.…”
Section: Numerical Experiments and Analysismentioning
confidence: 99%
“…Liu et al [1] optimized fares and transfer discount with the aim of maximizing social welfare, and concluded that travel time uncertainty and station spacing differences play an important role. From the perspective of operator and travelers, Ding [2] simulated the implementation of transfer discount in Dalian, and demonstrated discount has a promoting effect on guiding transfer travel.…”
Section: Introductionmentioning
confidence: 99%