Title :
Ticket pricing of urban rail transit based on Shapley value method
Author :
Wei, Lu ; Ying, Chen ; Ning, Zhang ; Yi, Shi
Author_Institution :
Suzhou Metro Corp., Suzhou, China
Abstract :
In order to protect the whole benefit of urban rail transit system, ease the conflict of government, Metro Corporation and passengers´ different interest requirements, as well as balance their rights and performance, this paper proposed an urban rail transit´s pricing method based on Shapley value. By analyzing the benefit relationships of urban rail transit system, construct the government, corporation and passenger´s cooperative game model, and calculate Shapley value to get the optimal price from the whole and individual concerns. This paper can provide a reference for the scientific and reasonable ticket pricing. At last, through example validated the operability and effectivity of this method.
Keywords :
game theory; pricing; railway industry; transportation; Metro Corporation; Shapley value method; benefit relationships; cooperative game model; corporation; government; optimal price; passenger; ticket pricing; urban rail transit system; Biological system modeling; Economics; Games; Government; Indexes; Pricing; Rails; Shapley value; cooperative game; ticket pricing; urban rail transit;
Conference_Titel :
Information and Financial Engineering (ICIFE), 2010 2nd IEEE International Conference on
Conference_Location :
Chongqing
Print_ISBN :
978-1-4244-6927-7
DOI :
10.1109/ICIFE.2010.5609267