Operators-Users Equilibrium Model in a Partially Regulated Transit System

Published Online:https://doi.org/10.1287/trsc.26.2.93

We present two formulations of a model for finding equilibrium passenger and operator flows in a partially regulated transit system where bus operators are free to choose the routes on which they offer public transport services. The transit fares are assumed fixed and known. The model offers a detailed representation of the transit system network and of the transit users behavior. Congestion effects are also considered as a consequence of the operation of cars and buses over a common road network. Two algorithmic solution approaches are investigated.

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