Research Article
Pricing Method of the Flexible Bus Service Based on Cumulative Prospect Theory
| Passenger | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | Detour stops | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| Profit maximization model | Fares (RMB) | 43.6 | 43.1 | 43.1 | 43.6 | 43.6 | 43.1 | 43.1 | 43.6 | Maximum profit (RMB) | 235.9 |
| Social welfare maximization model | Fares (RMB) | 23.7 | 21.0 | 21.3 | 24.0 | 23.3 | 21.3 | 21.9 | 23.4 | Maximum social welfare (RMB) | 381.9 |
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