Please use this identifier to cite or link to this item:
http://hdl.handle.net/10397/28256
Title: | Design of a rail transit line for profit maximization in a linear transportation corridor | Authors: | Li, ZC Lam, WHK Wong, SC Sumalee, A |
Issue Date: | 2011 | Source: | Procedia : social and behavioral sciences, 2011, v. 17, p. 82-112 | Abstract: | This paper addresses the design problem of a rail transit line located in a linear urban transportation corridor. The service variables designed are a combination of rail line length, number and locations of stations, headway and fare. Two profit maximization models, which account for the effects of different transit pricing structures (flat and distance-based fare regimes), are proposed. In the proposed models, the effects of passenger demand elasticity and population density along the urban corridor are explicitly considered. The solution properties of the proposed models are explored and compared analytically, and the indifference condition for the two fare regimes in terms of the operator's net profit is identified. A heuristic solution algorithm to solve the proposed models is presented. Numerical examples are provided to show the effects of the fare regimes, rail capital cost and urban configuration (in terms of urban population distribution and corridor length) on the design of the rail transit line and the profitability of the rail transit operations. | Keywords: | Population density Profit maximization Rail line design Transit pricing structure Transportation corridor Urban form |
Publisher: | Elsevier | Journal: | Procedia : social and behavioral sciences | EISSN: | 1877-0428 | DOI: | 10.1016/j.sbspro.2011.04.509 | Description: | 19th International Symposium on Transportation and Traffic Theory, ISTTT19, Berkeley, CA, 18-20 July 2011 | Rights: | © 2011 Published by Elsevier Ltd. Open access under CC BY-NC-ND license (https://creativecommons.org/licenses/by/3.0/). The following publication Li, Z. C., Lam, W. H., Wong, S. C., & Sumalee, A. (2011). Design of a rail transit line for profit maximization in a linear transportation corridor. Procedia-Social and Behavioral Sciences, 17, 82-112 is available at https://doi.org/10.1016/j.sbspro.2011.04.509 |
Appears in Collections: | Conference Paper |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
Li_Design_rail_transit.pdf | 454.35 kB | Adobe PDF | View/Open |
Page views
120
Last Week
1
1
Last month
Citations as of Apr 21, 2024
Downloads
184
Citations as of Apr 21, 2024
SCOPUSTM
Citations
8
Last Week
0
0
Last month
1
1
Citations as of Apr 19, 2024
WEB OF SCIENCETM
Citations
4
Last Week
0
0
Last month
1
1
Citations as of Apr 25, 2024
Google ScholarTM
Check
Altmetric
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.