Ticket Fare Optimization for China’s High-Speed Railway Based on Passenger Choice Behavior

Table 3

The relation between optimal fare scheme and number of fare grades.

	Revenue (Yuan)	Revenue increase pct.	Load factor	Load factor increase pct.
Basic fare scheme	112462.63		24.67%
Two fare grades	119647.30	6.39%	26.88%	8.94%
Three fare grades	119772.47	6.50%	25.87%	4.90%
Four fare grades	120326.56	6.99%	25.14%	1.92%