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Optimal fares for public transport. (English) Zbl 1114.90312

Haasis, Hans-Dietrich (ed.) et al., Operations research proceedings 2005. Selected papers of the annual international conference of the German Operations Research Society (GOR), Bremen, Germany, September 7–9, 2005. Berlin: Springer (ISBN 3-540-32537-9/pbk). 591-596 (2006).
Summary: The fare planning problem for public transport is to design a system of fares that maximize the revenue. We introduce a nonlinear optimization model to approach this problem. It is based on a discrete choice logit model that expresses demand as a function of the fares. We illustrate our approach by computing and comparing two different fare systems for the intercity network of the Netherlands.
For the entire collection see [Zbl 1093.90002].

MSC:

90B06 Transportation, logistics and supply chain management
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