Optimal Fares for Public Transport
Please always quote using this URN:urn:nbn:de:0296-matheon-2952
- The fare planning problem for public transport is to design a system of fares that maximize the revenue. We introduce a nonlinear optimization model to approach this problem. It is based on a discrete choice logit model that expresses demand as a function of the fares. We illustrate our approach by computing and comparing two different fare systems for the intercity network of the Netherlands.
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| Author: | Ralf Borndörfer, Marika Neumann, Marc E. Pfetsch |
|---|---|
| URN: | urn:nbn:de:0296-matheon-2952 |
| Referee: | Martin Grötschel |
| Document Type: | Preprint, Research Center Matheon |
| Language: | English |
| Date of first Publication: | 2007/03/31 |
| Release Date: | 2007/03/28 |
| Tag: | |
| MSC-Classification: | 90-XX OPERATIONS RESEARCH, MATHEMATICAL PROGRAMMING / 90Bxx Operations research and management science / 90B20 Traffic problems |
| 91-XX GAME THEORY, ECONOMICS, SOCIAL AND BEHAVIORAL SCIENCES / 91Bxx Mathematical economics (For econometrics, see 62P20) / 91B74 Models of real-world systems | |
| Preprint Number: | 380 |
