Scipediacontent: Scipediacontent moved page Draft Content 146706675 to Zeng et al 2019a

2021-02-12T12:01:36Z

Scipediacontent moved page Draft Content 146706675 to Zeng et al 2019a

Scipediacontent: Created page with " == Abstract == High-speed railway (HSR) is recognized as a green transportation mode with lower energy consumption and less pollution emission than other transportation. At..."

2021-02-12T12:01:33Z

Created page with " == Abstract == High-speed railway (HSR) is recognized as a green transportation mode with lower energy consumption and less pollution emission than other transportation. At..."

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== Abstract ==

High-speed railway (HSR) is recognized as a green transportation mode with lower energy consumption and less pollution emission than other transportation. At present, China has the largest HSR network globally, but the maximum revenue of railway transportation corporations has not been realized. In order to make HSR achieve a favorable position within the fierce competition in the market, increase corporate revenue, and achieve the sustainable development of HSR and railway corporations, we introduce the concept of revenue management in HSR operations and propose an innovative model to optimize the price and seat allocation for HSR simultaneously. In the study, we formulate the optimization problem as a mixed-integer nonlinear programming (MINLP) model, which appropriately captures passengers&rsquo

choice behavior. To reduce the computational complexity, we further transform the proposed MINLP model into an equivalent model. Finally, the effectiveness of both the proposed model and solution algorithm are tested and validated by numerical experiments. The research results show that the model can flexibly adjust the price and seat allocation of the corresponding ticketing period according to the passenger demand, and increase the total expected revenue by 5.92% without increasing the capacity.

Document type: Article

== Full document ==
<pdf>Media:Draft_Content_146706675-beopen95-7679-document.pdf</pdf>

== Original document ==

The different versions of the original document can be found in:

* [http://dx.doi.org/10.3390/su11164272 http://dx.doi.org/10.3390/su11164272] under the license https://creativecommons.org/licenses/by

* [https://www.mdpi.com/2071-1050/11/16/4272/pdf https://www.mdpi.com/2071-1050/11/16/4272/pdf] under the license http://creativecommons.org/licenses/by/3.0/

* [https://www.mdpi.com/2071-1050/11/16/4272 https://www.mdpi.com/2071-1050/11/16/4272],
: [https://doaj.org/toc/2071-1050 https://doaj.org/toc/2071-1050] under the license cc-by

* [https://www.mdpi.com/2071-1050/11/16/4272 https://www.mdpi.com/2071-1050/11/16/4272],
: [https://www.mdpi.com/2071-1050/11/16/4272/pdf https://www.mdpi.com/2071-1050/11/16/4272/pdf],
: [https://scholars.cityu.edu.hk/files/36686944/93.pdf https://scholars.cityu.edu.hk/files/36686944/93.pdf],
: [https://ideas.repec.org/a/gam/jsusta/v11y2019i16p4272-d255566.html https://ideas.repec.org/a/gam/jsusta/v11y2019i16p4272-d255566.html],
: [https://scholars.cityu.edu.hk/en/publications/timedependent-pricing-for-highspeed-railway-in-china-based-on-revenue-management(98295c84-91fd-4c16-9abf-fff128e1bc5e).html https://scholars.cityu.edu.hk/en/publications/timedependent-pricing-for-highspeed-railway-in-china-based-on-revenue-management(98295c84-91fd-4c16-9abf-fff128e1bc5e).html],
: [https://academic.microsoft.com/#/detail/2965205713 https://academic.microsoft.com/#/detail/2965205713]

* [https://www.mdpi.com/2071-1050/11/16/4272/pdf https://www.mdpi.com/2071-1050/11/16/4272/pdf],
: [http://dx.doi.org/10.3390/su11164272 http://dx.doi.org/10.3390/su11164272]

under the license https://creativecommons.org/licenses/by/4.0/

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Zeng et al 2019a - Revision history

Scipediacontent: Scipediacontent moved page Draft Content 146706675 to Zeng et al 2019a

Scipediacontent: Created page with " == Abstract == High-speed railway (HSR) is recognized as a green transportation mode with lower energy consumption and less pollution emission than other transportation. At..."