Time Differential Pricing Model of Urban Rail Transit Considering Passenger Exchange Coefficient

Authors

  • Qiushi ZHANG School of Urban Rail Transit and Logistics, Beijing Union University
  • Jing QI School of Tourism, Beijing Union University
  • Yongtian MA School of Urban Rail Transit and Logistics, Beijing Union University
  • Jiaxiang ZHAO School of Urban Rail Transit and Logistics. Beijing Union University
  • Jianjun FANG School of Urban Rail Transit and Logistics, Beijing Union University

DOI:

https://doi.org/10.7307/ptt.v34i4.4017

Keywords:

urban rail transit, time differential pricing, bi-level programming model, passenger exchange coefficient

Abstract

Passenger exchange coefficient is a significant factor which has great impact on the pricing model of urban rail transit. This paper introduces passenger exchange coefficient into a bi-level programming model with time differential pricing for urban rail transit by analysing variation regularity of passenger flow characteristics. Meanwhile, exchange cost coefficient is also considered as a restrictive factor in the pricing model. The improved particle swarm optimisation algorithm (IPSO) was ap-plied to solve the model, and simulation results show that the proposed improved pricing model can effectively re-alise stratification of fares for different time periods with different routes. Taking Line 2 and Line 8 of the Beijing rail transit network as an example, the simulation result shows that passenger flows of Line 2 and Line 8 in peak hours decreased by 9.94% and 19.48% and therefore increased by 32.23% and 44.96% in off-peak hours, re-spectively. The case study reveals that dispersing pas-senger flows by means of fare adjustment can effectively drop peak load and increase off-peak load. The time dif-ferential pricing model of urban rail transit proposed in this paper has great influences on dispersing passenger flow and ensures safety operation of urban rail transit. It is also a valuable reference for other metropolitan rail transit operating companies.

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Published

12-07-2022

How to Cite

ZHANG, Q., QI, J., MA, Y., ZHAO, J., & FANG, J. (2022). Time Differential Pricing Model of Urban Rail Transit Considering Passenger Exchange Coefficient. Promet, 34(4). https://doi.org/10.7307/ptt.v34i4.4017

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Articles