Abstract
This paper is concerned with the problem of finding optimal sub-routes from a set of predefined candidate transit routes with the objectives of maximizing transit ridership as well as minimizing operational costs. The main contributions of this paper are: (1) considering transit ridership maximization in a multi-objective bi-level optimization framework; (2) proposing a greedy algorithm for the multi-objective design problem; (3) applying an efficient path-based algorithm to solve the lower level multi-modal traffic assignment problem. Numerical experiments indicate that the proposed algorithm is not only able to approximate the Pareto-optimal solutions with satisfactory accuracy, but also achieves a fast performance even for problems of real-world scale.
Original language | English (US) |
---|---|
Pages (from-to) | 261-293 |
Number of pages | 33 |
Journal | Public Transport |
Volume | 8 |
Issue number | 2 |
DOIs | |
State | Published - Sep 1 2016 |
Keywords
- Greedy algorithm
- Pareto-optimal
- Path-based traffic assignment
- Transit ridership
- Transit routes design
ASJC Scopus subject areas
- Information Systems
- Transportation
- Mechanical Engineering
- Management Science and Operations Research