Fare Optimality Analysis of Urban Rail Transit under Various Objective Functions

Urban rail transit fare strategies include fare structures and fare levels. We propose a rail transit line fare decision based on an operating plan that falls under elastic demand. Combined with the train operation plan, considering flat fare and distance-based fare, and based on the benefit analysi...

Full description

Saved in:
Bibliographic Details
Main Authors: Lianbo Deng, Zhao Zhang, Kangni Liu, Wenliang Zhou, Junfeng Ma
Format: Article
Language:English
Published: Wiley 2014-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2014/910736
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1832559229596073984
author Lianbo Deng
Zhao Zhang
Kangni Liu
Wenliang Zhou
Junfeng Ma
author_facet Lianbo Deng
Zhao Zhang
Kangni Liu
Wenliang Zhou
Junfeng Ma
author_sort Lianbo Deng
collection DOAJ
description Urban rail transit fare strategies include fare structures and fare levels. We propose a rail transit line fare decision based on an operating plan that falls under elastic demand. Combined with the train operation plan, considering flat fare and distance-based fare, and based on the benefit analysis of both passenger flow and operating enterprises, we construct the objective functions and build an optimization model in terms of the operators’ interests, the system’s efficiency, system regulation goals, and the system costs. The solving algorithm based on the simulated annealing algorithm is established. Using as an example the Changsha Metro Line 2, we analyzed the optimized results of different models under the two fare structures system. Finally the recommendations of fare strategies are given.
format Article
id doaj-art-a27185c6241d44c9a494b20b2c96aabb
institution Kabale University
issn 1026-0226
1607-887X
language English
publishDate 2014-01-01
publisher Wiley
record_format Article
series Discrete Dynamics in Nature and Society
spelling doaj-art-a27185c6241d44c9a494b20b2c96aabb2025-02-03T01:30:33ZengWileyDiscrete Dynamics in Nature and Society1026-02261607-887X2014-01-01201410.1155/2014/910736910736Fare Optimality Analysis of Urban Rail Transit under Various Objective FunctionsLianbo Deng0Zhao Zhang1Kangni Liu2Wenliang Zhou3Junfeng Ma4School of Traffic and Transportation Engineering, Central South University, Changsha 410075, ChinaSchool of Traffic and Transportation Engineering, Central South University, Changsha 410075, ChinaSchool of Traffic and Transportation Engineering, Central South University, Changsha 410075, ChinaSchool of Traffic and Transportation Engineering, Central South University, Changsha 410075, ChinaSchool of Traffic and Transportation Engineering, Central South University, Changsha 410075, ChinaUrban rail transit fare strategies include fare structures and fare levels. We propose a rail transit line fare decision based on an operating plan that falls under elastic demand. Combined with the train operation plan, considering flat fare and distance-based fare, and based on the benefit analysis of both passenger flow and operating enterprises, we construct the objective functions and build an optimization model in terms of the operators’ interests, the system’s efficiency, system regulation goals, and the system costs. The solving algorithm based on the simulated annealing algorithm is established. Using as an example the Changsha Metro Line 2, we analyzed the optimized results of different models under the two fare structures system. Finally the recommendations of fare strategies are given.http://dx.doi.org/10.1155/2014/910736
spellingShingle Lianbo Deng
Zhao Zhang
Kangni Liu
Wenliang Zhou
Junfeng Ma
Fare Optimality Analysis of Urban Rail Transit under Various Objective Functions
Discrete Dynamics in Nature and Society
title Fare Optimality Analysis of Urban Rail Transit under Various Objective Functions
title_full Fare Optimality Analysis of Urban Rail Transit under Various Objective Functions
title_fullStr Fare Optimality Analysis of Urban Rail Transit under Various Objective Functions
title_full_unstemmed Fare Optimality Analysis of Urban Rail Transit under Various Objective Functions
title_short Fare Optimality Analysis of Urban Rail Transit under Various Objective Functions
title_sort fare optimality analysis of urban rail transit under various objective functions
url http://dx.doi.org/10.1155/2014/910736
work_keys_str_mv AT lianbodeng fareoptimalityanalysisofurbanrailtransitundervariousobjectivefunctions
AT zhaozhang fareoptimalityanalysisofurbanrailtransitundervariousobjectivefunctions
AT kangniliu fareoptimalityanalysisofurbanrailtransitundervariousobjectivefunctions
AT wenliangzhou fareoptimalityanalysisofurbanrailtransitundervariousobjectivefunctions
AT junfengma fareoptimalityanalysisofurbanrailtransitundervariousobjectivefunctions