A logarithmic goal programming approach to develop the utility function for a railway travel

Q4 Economics, Econometrics and Finance
Goutam Dutta, Priyanko Ghosh, A. Kaul
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引用次数: 2

Abstract

Railway passengers are in a dilemma to choose the best train among several alternatives available in a particular route. A relative comparison of competing railways helps the passenger to make an informed choice before the actual travel. In this paper we develop a utility model for a railway travel based on the important attributes. We carry out an analysis on the competing railways for a particular route and calculate the utility score of each train route. The passengers benefit as they are aware of the relative ranking of a particular train on a particular route before they make their choice and the railways benefit as they are able to estimate the market share of each service using a multinomial logit choice model.
用对数目标规划方法求解铁路出行效用函数
铁路乘客在一条特定路线上的几种可供选择的列车中选择最好的列车时处于两难境地。相互竞争的铁路的相对比较有助于乘客在实际旅行之前做出明智的选择。本文开发了一种基于重要属性的铁路旅行实用新型。我们对某一特定路线的竞争铁路进行了分析,并计算了每条列车路线的效用得分。乘客受益,因为他们知道特定列车在特定路线上的相对排名,然后才做出选择,铁路公司受益,因为他们能够使用多项logit选择模型估计每种服务的市场份额。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
International Journal of Revenue Management
International Journal of Revenue Management Economics, Econometrics and Finance-Economics and Econometrics
CiteScore
1.40
自引率
0.00%
发文量
4
期刊介绍: The IJRM is an interdisciplinary and refereed journal that provides authoritative sources of reference and an international forum in the field of revenue management. IJRM publishes well-written and academically rigorous manuscripts. Both theoretic development and applied research are welcome.
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