This study developed an analytical framework to deal with the control of transit operating deficits. A bi-level optimization model based on non-linear programming was developed at a system/route level of detail. The model postulates that transit operators could reach a feasible solution for minimizing operating deficits through minor modifications of current fare and service policies. The model has an economic framework and solves for optimality through system supply-demand equilibrium. Solutions of the optimization model will provide transit operators with specific operating guidelines for minimizing deficits subject to resource and policy constraints.
Bi-Level Optimization Model for Integrating Fare and Service Structures to Minimize Urban Transit Operating Deficits
1985
149 pages
Report
No indication
English
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