Research Article

Pricing Method of the Flexible Bus Service Based on Cumulative Prospect Theory

Table 3

Results of case 1.

Passenger12345678
Detour stops55555555

Profit maximization modelFares (RMB)43.643.143.143.643.643.143.143.6
Maximum profit (RMB)235.9

Social welfare maximization modelFares (RMB)23.721.021.324.023.321.321.923.4
Maximum social welfare (RMB)381.9