Joint Optimization of Time-Dependent Line Planning and Differential Pricing with Passenger Train Choice in High-Speed Railway Networks

Wenliang Zhou, Xiang Li and Xin Shi ()
Additional contact information
Wenliang Zhou: School of Traffic and Transportation Engineering, Central South University, Changsha 410075, China
Xiang Li: School of Traffic and Transportation Engineering, Central South University, Changsha 410075, China
Xin Shi: School of Traffic and Transportation Engineering, Central South University, Changsha 410075, China

Mathematics, 2023, vol. 11, issue 6, 1-28

Abstract: Line planning problems and differential pricing problems are complementary processes in the railway system, but these two problems were generally considered separate processes in most of the existing literature. This paper studies a time-dependent line planning problem and differential pricing problem with passenger train choice in high-speed railway networks under elastic origin-destination-period demand. After clearly and flexibly describing the organization cost of operators, the price cost, and the time cost of passengers in a physical infrastructure-based directed graph, a non-linear joint optimization model is designed with a diversity of optimization goals of maximizing the total revenue of railway operators minus the total travel cost of passengers. An algorithm based on a simulated annealing framework is designed to solve the joint optimization model, and six neighborhood search strategies are designed by combining the features of the studied problem and designed model closely to improve the efficiency of the solution search. The results based on both a toy railway network and a real-world railway network show that the optimized time-dependent line plan and differential price plan are beneficial to increasing the total revenue of railway operators and improving the travel service of railway passengers.

Keywords: joint optimization; line planning; differential pricing; time-dependent elastic demand; simulated annealing (search for similar items in EconPapers)
JEL-codes: C (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/2227-7390/11/6/1290/pdf (application/pdf)
https://www.mdpi.com/2227-7390/11/6/1290/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jmathe:v:11:y:2023:i:6:p:1290-:d:1090441

Access Statistics for this article

Mathematics is currently edited by Ms. Emma He

More articles in Mathematics from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().