Fare Design in Urban Transit Network considering Elastic Demand and Adverse Weather’s Impact
Due to the disturbance of unexpected effects and adverse weather conditions, transit supply and demand manifests many uncertainties. In this paper, we take account of these uncertainties and propose a transit fare structure design model including both ground and underground public transportation. Su...
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| Format: | Article |
| Language: | English |
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Wiley
2014-01-01
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| Series: | Journal of Applied Mathematics |
| Online Access: | http://dx.doi.org/10.1155/2014/197515 |
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| author | Jiantong Zhang Biyu Lv Guichao Tian Wenchi Liu |
| author_facet | Jiantong Zhang Biyu Lv Guichao Tian Wenchi Liu |
| author_sort | Jiantong Zhang |
| collection | DOAJ |
| description | Due to the disturbance of unexpected effects and adverse weather conditions, transit supply and demand manifests many uncertainties. In this paper, we take account of these uncertainties and propose a transit fare structure design model including both ground and underground public transportation. Such transit fare design problem is described through bilevel programming, in which the upper level is the transportation authority’s transit fare structure decision aiming to minimize the transit network’s total travel and operation cost, while the lower level is a transit network assignment model considering supply and demand uncertainties that influence passengers’ travel choice decisions. A heuristic algorithm is developed to solve the problem, and a numerical example is presented to illustrate the application. We get some important results: (1) a diversified fare structure considering uncertain weather’s impact is quite necessary; (2) when the value of time is at a high level, metro fare should be higher than bus fare; (3) the optimal metro and bus fare should be close under an extremely adverse weather condition; (4) fare structure could be quite different with varied value of time. |
| format | Article |
| id | doaj-art-998c92f02eca4c0eb1edf595d9abdb3f |
| institution | Kabale University |
| issn | 1110-757X 1687-0042 |
| language | English |
| publishDate | 2014-01-01 |
| publisher | Wiley |
| record_format | Article |
| series | Journal of Applied Mathematics |
| spelling | doaj-art-998c92f02eca4c0eb1edf595d9abdb3f2025-02-03T06:07:58ZengWileyJournal of Applied Mathematics1110-757X1687-00422014-01-01201410.1155/2014/197515197515Fare Design in Urban Transit Network considering Elastic Demand and Adverse Weather’s ImpactJiantong Zhang0Biyu Lv1Guichao Tian2Wenchi Liu3School of Economics and Management, Tongji University, Shanghai 200092, ChinaSchool of Economics and Management, Tongji University, Shanghai 200092, ChinaSchool of Economics and Management, Tongji University, Shanghai 200092, ChinaShenyin & Wanguo Securities Co. Ltd., Shanghai 200031, ChinaDue to the disturbance of unexpected effects and adverse weather conditions, transit supply and demand manifests many uncertainties. In this paper, we take account of these uncertainties and propose a transit fare structure design model including both ground and underground public transportation. Such transit fare design problem is described through bilevel programming, in which the upper level is the transportation authority’s transit fare structure decision aiming to minimize the transit network’s total travel and operation cost, while the lower level is a transit network assignment model considering supply and demand uncertainties that influence passengers’ travel choice decisions. A heuristic algorithm is developed to solve the problem, and a numerical example is presented to illustrate the application. We get some important results: (1) a diversified fare structure considering uncertain weather’s impact is quite necessary; (2) when the value of time is at a high level, metro fare should be higher than bus fare; (3) the optimal metro and bus fare should be close under an extremely adverse weather condition; (4) fare structure could be quite different with varied value of time.http://dx.doi.org/10.1155/2014/197515 |
| spellingShingle | Jiantong Zhang Biyu Lv Guichao Tian Wenchi Liu Fare Design in Urban Transit Network considering Elastic Demand and Adverse Weather’s Impact Journal of Applied Mathematics |
| title | Fare Design in Urban Transit Network considering Elastic Demand and Adverse Weather’s Impact |
| title_full | Fare Design in Urban Transit Network considering Elastic Demand and Adverse Weather’s Impact |
| title_fullStr | Fare Design in Urban Transit Network considering Elastic Demand and Adverse Weather’s Impact |
| title_full_unstemmed | Fare Design in Urban Transit Network considering Elastic Demand and Adverse Weather’s Impact |
| title_short | Fare Design in Urban Transit Network considering Elastic Demand and Adverse Weather’s Impact |
| title_sort | fare design in urban transit network considering elastic demand and adverse weather s impact |
| url | http://dx.doi.org/10.1155/2014/197515 |
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