• KSCE Journal of Civil and Environmental Engineering Research
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• v.38 no.5
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• pp.703-711
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• 2018

Recently, as various metro lines have been constructed and connected to other lines the rate of utilization has also been increased. However, the existing fare policy which the government does still stick to causes not only inappropriate action to the demand pattern but aggravation of the profit of the operation company. This study reviewed rail fare policy of major countries such as Japan and U.K etc. to improve the rationality of fare policy in Korea. In order to systematical analysis of fare policy, such viewpoints as of fare decision method, the card fare discounting system, the structure of fare, and the government subsidy policy were reviewed. Based on the results from the review, various problems and improvement plans were drawn. Through this study, appropriate fare systems to urban railway users could be given to improve the chronic deficit problem of urban railway operators.

• The Journal of The Korea Institute of Intelligent Transport Systems
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• v.22 no.1
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• pp.25-38
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• 2023

Seoul Metropolitan Urban Railroad has an undecided route that does not estimate the passenger transportation route. For this reason, the fare of the urban railroad is calculated by the assumption that passengers pass through the minimum distance. Therefore, if a transfer station on the urban railroad is added, the trip shortest distance could be decreased and the fare also reduced. In this study, this phenomenon defines the fare paradox(Shin, 2022) and estimates the impact of the fare paradox by opening the GTX-A. For this purpose, a scenario before and after the opening of the GTX-A has been established, and an additional fare has been estimated by proportional planning of the Seoul Metropolitan Integrated Distance Based Fare Policy. Fare Paradox was analyzed to about 0.024 % of daily income. It is expected to be used as a plan to determine a rate policy, such as the establishment of a GTX-A, B, C, D, and a light rail line.

• Proceedings of the KSR Conference
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• 2000.11a
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• pp.48-59
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• 2000

In tins paper, we outlines the pricing concept that developed over the years, and illustrates how these rules apply in practice using railway fare, price discrimination in railway travel. We review tile prospective solution of rail fare system reflecting the customer need on the decision making and consider fare design structure. Specifically, we focus on the price range using the PSM(price sensitivity measure). And set up the framework for fare structure design.

• Journal of Korean Society of Transportation
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• v.27 no.5
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• pp.155-162
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• 2009

The recent increase of light rail construction by the private sector in Korea has caused a new issue in forecasting rail demand. Integrated fare systems between several rail operators is convenient and brings cost savings to users, and therefore is also very effective in increasing demand. However, it causes some short-term revenue loss to operators so that the private sector often suggests a non-integrated fare system. The current rail demand forecasting model is based upon an integrated fare system. Thus this model cannot be used to forecast the demand with a non-integrated fare system. Some value of transfer fare should be estimated and applied to forecast the demand in a non-integrated fare system. This study conducted a stated preference (SP) survey on urban railway passengers and estimated the value of transfer fare. The estimated value is 2,609 Won/hr, which is about 52% of in-vehicle time. This shows railway users have a tendency to pay more for transfer fares to save time or distance. This value has some limitations since it is derived from the SP survey. If some non-integrated fare system is applied in the future and a RP survey is conducted and compared with these study results, a more clear value of the transfer fare will be derived.

• Journal of the Korean Society for Railway
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• v.9 no.2 s.33
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• pp.200-205
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• 2006

Subway widely used as a major mean of public transportation both at home and abroad contributes to ease chronic traffic congestion in cities. However, subway operating expense is expected to increase continuously because subway requires vast amount of money at the construction stage, huge sum of maintenance cost is spent during operation, and passenger needs for more convenient facilities is increasing. on the contrary to enormous operating expenses, fare that is occupying most of operating income doesn't come up to its prime cost causing chronic operating deficit. It is urgent to prepare fare system improvement measures to increase operating income in order to resolve financial difficulty of a subway operating organization. Therefore, the current study analyzed present condition and problems of subway fare system, and suggested improvement measures such as improvement of fare adjustment procedure, improvement of free-ride system, diversification of ticket, etc.

• Nuclear Engineering and Technology
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• v.34 no.5
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• pp.468-481
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• 2002

There are 4 CANDU6 type reactors operating at Wolsong site. For fuelling operation of certain fuel channels (with flow less than 21.5 kg/s) a FARE flow Assist Ram Extension) device is used. During the refuelling operation, two remote controlled F/Ms (Fuelling Machines) are attached to a designated fuel channel and carry out refuelling job. The upstream F/M inserts new fuel bundles into the fuel channel while the downstream F/M discharges spent fuel bundles. In order to assist fuelling operation of channels that has lower coolant How rate, the FARE device is used instead of F/M C-ram to push the fuel bundle string. The FARE device is essentially a How restricting element that produces enough drag force to push the fuel bundle string toward downstream F/M. Channels that require the use of FARE device for refuelling are located along the outside perimeter of reactor. This paper presents the FARE device design feature, steady state hydraulic and operational characteristics and behavior of the device when coupled with fuel bundle string during fuelling operation. The study showed that the steady state performance of FARE device meets the design objective that was confirmed by downstream F/M C-ram force to be positive.

• Journal of Korean Institute of Industrial Engineers
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• v.35 no.3
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• pp.185-193
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• 2009

We consider a two-fare, two-period airline seat capacity allocation problem where consumers may choose different options in purchasing an airline ticket. A consumer may decide to wait for reopening of the same fare class ticket which is originally intended to buy, or may buy a different fare class ticket within the same period, if the originally requested fare is unavailable. We investigate the impact of the consumer buying behavior on the optimal solutions and the expected revenue.

• Journal of Korean Society of Transportation
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• v.3 no.1
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• pp.46-57
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• 1985

The objective of this paper is to derive a optimum distance and time taxi fare structure based on social costs. Social costs expressed in terms of congestion and vehicle operating costs were successfully internalized. Speed and volume data for three major arterials in Seoul CBD were used. Optimum congestion charge turned out to be 97.01 Won/Km which can be regarded as congestion tax in the context of Seoul CBD. This congestion tax can possibly be incorporated into time-based taxi fare structure. Congestion is likely to be reduced as a result of imposition of time-based taxi fare which reflects social costs.

• Proceedings of the KSR Conference
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• 2003.05a
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• pp.216-221
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• 2003

This study is to investigate what are major determinants to decide the level of HSR(High-Speed Railroad)'s fare rate in Korea. The study suggests that for the independent operation of the HSR, the fare rate be charged based on the profitability and for the increase in the demand, various discount programs be needed. In addition, in order to operate HSR independently, the HSR fare rate must be charged in the deregulation of the government.

• Proceedings of the KSME Conference
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• 2005.11a
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• pp.76.2-76.2
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• 2005