Abstract | ||
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Transit interchange discounts encourage people to travel by public transport, increasing the revenue of the operators. This research develops a transit assignment model, which takes account of the actual travel time, congestion and fare of the public transport, using an agent-based simulation model MATSim. Then, a simulation-based optimization problem is formulated to optimize the interchange discount to maximize profit. For computational efficiency, a metamodeling technique is further proposed and the metamodel can serve as a surrogate of the expensive simulation process. Transfer hubs are set up in a Hong Kong Island scenario and the interchange discount for bus-bus interchanges is optimized. The optimization result shows that the optimal interchange discount optimized by the proposed metamodel-based method increases the bus operators’ profit by 12%. |
Year | DOI | Venue |
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2020 | 10.1016/j.procs.2020.03.168 | Procedia Computer Science |
Keywords | DocType | Volume |
MATSim,public transport,metamodel optimization,interchange discount | Conference | 170 |
ISSN | Citations | PageRank |
1877-0509 | 1 | 0.35 |
References | Authors | |
0 | 4 |
Name | Order | Citations | PageRank |
---|---|---|---|
Enoch Lee | 1 | 1 | 0.35 |
Ashraf Uz Zaman Patwary | 2 | 1 | 0.35 |
Wei Huang | 3 | 1 | 0.35 |
Hong K. Lo | 4 | 147 | 21.45 |