| Article ID: | iaor20105879 |
| Volume: | 44 |
| Issue: | 3 |
| Start Page Number: | 350 |
| End Page Number: | 366 |
| Publication Date: | Aug 2010 |
| Journal: | Transportation Science |
| Authors: | Lawphongpanich Siriphong, Hamdouch Younes |
| Keywords: | financial |
In this paper, we develop models for adjusting or setting fares on a transit system to encourage passengers to choose travel strategies that lead to the least travel delay for the entire system. In our problem setting, these fares vary with time of day.