Integrated Optimization of Bus Line Fare and Operational Strategies Using Elastic Demand

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 (...

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Bibliographic Details
Main Authors: Chunyan Tang, Avishai (Avi) Ceder, Ying-En Ge
Format: Article
Language:English
Published: Wiley 2017-01-01
Series:Journal of Advanced Transportation
Online Access:http://dx.doi.org/10.1155/2017/7058789
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