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2010•Unpublished venueRequires access

Making Ticket Price of Urban Rail Transit Based on Second Best Method

Xingju Wang, Jinjie Chen, Guifeng Gao

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Abstract

This paper discusses the problem of making ticket price of urban rail transit and how second best method is used to alleviate this problem. It also gives an overview of the making ticket price of urban rail transit for commuters. In this paper, making ticket price of urban rail transit based on second best method with maximizing social welfare as the objective function and no deficit for the operator is represented. The specific distinction between consumer and non-consumers is given and an approach of making monthly and the general ticket price is made.

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What this paper is about

This paper discusses the problem of making ticket price of urban rail transit and how second best method is used to alleviate this problem. It also gives an overview of the making ticket price of urban rail transit for commuters. In this paper, making ticket price of urban rail transit based on second best method with maximizing social welfare as the objective function and no deficit for the operator is represented. The specific distinction between consumer and non-consumers is given and an approach of making monthly and the general ticket price is made.

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Available abstract

This paper discusses the problem of making ticket price of urban rail transit and how second best method is used to alleviate this problem. It also gives an overview of the making ticket price of urban rail transit for commuters. In this paper, making ticket price of urban rail transit based on second best method with maximizing social welfare as the objective function and no deficit for the operator is represented. The specific distinction between consumer and non-consumers is given and an approach of making monthly and the general ticket price is made.

Key concepts: Ticket, Urban rail transit, Transit (satellite), Transport engineering, Operator (biology), Computer science, Rail transit, Urban transit

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