Research Article

Optimal Differential Pricing for Intercity High-Speed Railway Services with Time-Dependent Demand and Passenger Choice Behaviors under Capacity Constraints

Table 2

Comparison of our research with the literature in pricing problems of railways.

ReferencesTime-dependent demandTaste heterogeneityMultiple trainsSolution method

Hetrakul and Cirillo [8]LINGO 12.0
Zhang et al. [11]An inverse dynamic programming method
Zheng and Liu [12]Lagrange multiplier and KKT conditions
Fransiscus [13]Enumeration
Qin et al. [14]Simulated annealing algorithm
Qin et al. [15]Artificial bee colony algorithm
Wu et al. [16]Two-stage algorithm
Hu et al. [17]Quasi-Newton method-based solution algorithm
This paperModified direct search simulated annealing algorithm