Profit Maximization Model with Fare Structures and Subsidy Constraints for Urban Rail Transit

This paper analyzes government subsidies based on the service design (i.e., headway) and fare structures of an urban rail transit system while considering necessary financial support from the government. To capture the interactions among the operator performance, government subsidies, and passengers...

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Bibliographic Details
Main Authors: Qing Wang, Paul Schonfeld, Lianbo Deng
Format: Article
Language:English
Published: Wiley 2021-01-01
Series:Journal of Advanced Transportation
Online Access:http://dx.doi.org/10.1155/2021/6659384
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