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 language | English (US) |
|---|---|
| Pages (from-to) | 34-42 |
| Number of pages | 9 |
| Journal | Transportation Research Record |
| Issue number | 1039 |
| State | Published - Jan 1 1985 |
ASJC Scopus subject areas
- Civil and Structural Engineering
- Mechanical Engineering