Evaluating Off-Peak Pricing Strategies in Public Transportation with an Activity-Based Approach
Authored by Milan Lovric, Sebastian Raveau, Muhammad Adnan, Kakali Basak, Harish Loganathan, Moshe Ben-Akiva, Francisco C Pereira
Date Published: 2016
DOI: 10.3141/2544-02
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Abstract
Public transportation authorities across the world are implementing
various peak and off-peak pricing strategies to manage travel demand and
improve the overall system performance. In this study, an activity-based
demand framework was used to evaluate two off-peak pricing strategies
currently in use in Singapore. These strategies consisted of a free
prepeak travel on mass rapid transit (MRT) and an off-peak discount for
an integrated transit (public buses and MRT). Smart card data collected
before and after the implementation of the first policy were used to
calibrate the behavioral models involved, to capture travelers'
preferences and choices properly. To evaluate both pricing strategies, a
comprehensive set of key performance indicators was considered and
included the changes in peak ridership, average trip fare, operator's
revenue, the number of public transportation trips, and mode share. The
results indicate that off-peak discount pricing strategies are a viable
policy option for spreading demand peaks and that they are more
effective during the afternoon peak period. This study also demonstrates
the capabilities and the advantages of an agent-based modeling platform, SimMobility, as a tool for policy analysis.
Tags
Congestion
time
Demand model system