Research Article
Integrated Optimization of Bus Line Fare and Operational Strategies Using Elastic Demand
Figure 6
Optimal results of two models using flat and differential fare structures.
(a) Objective function values ($/h) |
(b) Consumer surpluses ($/h) |
(c) Demands (passengers/h) |
(d) Average optimal fares ($) |
(e) Operator profits ($/h) |