OPTIMIZING MODEL FOR TRANSIT FARE POLICY DESIGN AND EVALUATION.

Mark S. Daskin*, Joseph L. Schofer, Ali E. Haghani

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

3 Scopus citations

Abstract

To support transit agencies in the design and evaluation of more equitable and efficient fare structures, an optimization-based model system has been developed and implemented on a microcomputer. This system seeks distance-based fares of the form: FIXED CHARGE plus (MILEAGE CHARGE) (trip distance) plus (TRANSFER CHARGE) (number of transfers). It maximizes estimated revenues subject to a minimum ridership constraint and constraints on the attributes of the fare structure, which provide the user with considerable control over the structure of the optimal fare, such that distance-based, zone, and flat fare schemes can be designed and tested. This model can be used to search for fare schemes meeting user-specified requirements, to perform sensitivity studies of fare characteristics, and to test user-supplied price structures.

Original languageEnglish (US)
Pages (from-to)34-42
Number of pages9
JournalTransportation Research Record
Issue number1039
StatePublished - Jan 1 1985

ASJC Scopus subject areas

  • Civil and Structural Engineering
  • Mechanical Engineering

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