|
| Symbol | Definition | Value |
|
| Planning and operation horizon (Years) | – |
|
| Interest rate | – |
|
| Growing factor of total population density along the transportation corridor | – |
|
| Distance between residential location and CBD | – |
|
| Average station spacing (HK$) | 10 |
|
| Fixed component of fare for using the rail service (HK$) | 2.5 |
|
| Variable component of fare per unit distance for using the rail service (HK$/km) | 0.4 |
|
| Headway of train operation during morning peak-hour in year (Minutes) | – |
|
| Rail length in year (Km) | 20 |
|
| Random term of perturbed population distribution function | – |
|
| Random term of perturbed travel demand function | – |
|
| Random term of perturbed disutility function | – |
|
| Sensitivity parameter in travel demand function | 0.002 |
|
| Sensitivity parameter in probability function of choosing to live at residential locations | 0.03 |
|
| Parameter of waiting cost | 0.5 |
|
| Parameter of rent function | 8 |
|
| Commonality factor | 0.5 |
|
| Parameter of rent function | 2 |
|
| Average annual number of trips to the CBD per household | 365 |
|
| Average daily number of trips to the CBD per household | 1.0 |
|
| Parameters for travel cost function | 80/100/50 |
|
| construction cost for rail line per kilometer (million HK$) | 8.76 |
|
| construction cost of each rail station (million HK$) | 13.14 |
|
| Annual operation and maintenance cost of the rail transit line project (million HK$) | 137.97 |
|
