Abstract

Urban rail transit fare strategies include fare structures and fare levels. Fare structures are divided into flat fare and graduated fares. The authors propose a rail transit line fare strategy model based on an operating plan under elastic demand, and the optimization of fare levels under various fare structures is comprehensively considered. The objective function is to maximize social profits, containing passenger flow demand and the benefits of operation enterprises. A simulated annealing algorithm is designed based on the model's features. Taking the Changsha Metro Line 2 as an example, the authors get optimal and practical fare strategies of various fare structures. Based on the comprehensive analysis of optimal strategies, the recommended fare schemes are given.

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