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 | 6 | 4 | 2 | 2 | 3 | 1 | 0 | 3 |
| Profit maximization model | Fares (RMB) | 42.0 | 43.7 | 45.8 | 45.7 | 44.7 | 47.1 | 50.0 | 44.9 | Maximum profit (RMB) | 254.8 |
| Social welfare maximization model | Fares (RMB) | 16.6 | 21.2 | 24.5 | 22.4 | 24.3 | 23.2 | 25.9 | 22.1 | Maximum social welfare (RMB) | 388.7 |
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