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Optimal Fare-Pricing for Urban Rapid-Transport Line Project and Government Compensation
城市快速交通线项目的最优票价与政府补偿

Keywords: urban rapid-transport line project,optimal fare,government economic compensation
城市快速交通线项目
,最优票价,政府经济补偿

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Abstract:

In this paper, two optimal fare\|pricing models are developed. One model is based on the passenger\|time\|value model, with the aim of maximizing receipts from charging fare. The other is based on the fare elasticity model, with the aim of maximizing receipts from charging fare in the prerequisite condition that the project operates in its full transport capacity. Furthermore, some principles are suggested, which government should abide by when urban rapid\|transport line project needs economic compensation, and some measuring methods are developed for calculating government compensation amount.

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