Research on the Pricing Method of Urban Rail Transit based on Dynamic Game Model

Urban Rail Transit fare is an important factor affecting residents travel choice. The reasonable improvement of the rail transport fares can improve the residents' travel quality, optimize the structure of passenger transport and ease urban traffic pressure. The MNL model was used to describe the different traffic patterns and establish the revenue function of each mode of public transport. a dynamic game method was adopted to build rail transit and bus fare Game Model and work out the corresponding equilibrium. Finally, the validity of the model is verified with a numerical example of rail transit ticket price of Dongguan City Guangdong Province.