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
Keywords: Population density
Profit maximization
Rail line design
Transit pricing structure
Transportation corridor
Urban form
Issue Date: 2011
Publisher: Elsevier
Source: Procedia : social and behavioral sciences, 2011, v. 17, p. 82-112 How to cite?
Journal: Procedia : social and behavioral sciences 
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.
Description: 19th International Symposium on Transportation and Traffic Theory, ISTTT19, Berkeley, CA, 18-20 July 2011
URI: http://hdl.handle.net/10397/28256
EISSN: 1877-0428
DOI: 10.1016/j.sbspro.2011.04.509
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