Fare Planning for Public Transport

Marika Neumann ()
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Marika Neumann: Konrad-Zuse-Zentrum für Informationstechnik Berlin

A chapter in Operations Research Proceedings 2006, 2007, pp 61-66 from Springer

Abstract: Abstract In this paper we investigate the fare planning model for public transport, which consists in designing a system of fares maximizing the revenue. We discuss a discrete choice model in which passengers choose between different travel alternatives to express the demand as a function of fares. Furthermore, we give a computational example for the city of Potsdam and discuss some theoretical aspects.

Keywords: Public Transport; Demand Function; Discrete Choice; Discrete Choice Model; Price Function (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:spr:oprchp:978-3-540-69995-8_9

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DOI: 10.1007/978-3-540-69995-8_9

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