Huan, N, Hess, S orcid.org/0000-0002-3650-2518, Yao, E et al. (1 more author) (2022) Time-dependent pricing strategies for metro lines considering peak avoidance behaviour of commuters. Transportmetrica A: Transport Science, 18 (3). pp. 1420-1444. ISSN 2324-9935
Abstract
With growing concerns about travel demand management practices in overcrowded metro systems, it is considered that time-dependent pricing strategies are effective for dealing with the crowding occurring during peak commuting hours. In this study, a bi-level optimisation framework is used to consider the peak avoidance behaviour of commuters in the development of time-dependent pricing strategies. The behavioural sensitivity of commuters to pricing factors is investigated in terms of departure time and mode shift decisions based on a stated preference survey conducted in Beijing, China. The proposed bi-level programming model comprises a multi-objective optimisation model at the upper level and a nested logit-based stochastic user equilibrium model at the lower level. Based on an empirical case study of the Batong line in Beijing metro, nine optimal time-dependent pricing strategies are tailored by representative decision preferences, yielding up to 13.97% decrease in the peak ridership during rush hours.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2021 Hong Kong Society for Transportation Studies Limited. This is an author produced version of an article, published in Transportmetrica A: Transport Science. Uploaded in accordance with the publisher's self-archiving policy. |
Keywords: | Differential pricing; bi-level optimisation; departure time choice; mode shift; nested logit model |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Environment (Leeds) > Institute for Transport Studies (Leeds) > ITS: Choice Modelling |
Depositing User: | Symplectic Publications |
Date Deposited: | 22 Oct 2021 12:58 |
Last Modified: | 20 Dec 2022 15:08 |
Status: | Published |
Publisher: | Taylor and Francis |
Identification Number: | 10.1080/23249935.2021.1946203 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:179443 |