• East Asian Journal of Business Economics (EAJBE)
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• v.9 no.4
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• pp.93-102
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• 2021

Purpose - Among the various pricing approaches used to set fares for express trains, this study explores a method of utilizing a customer-based pricing approach. The purpose of this study is to figure out how to apply the customer-based pricing approach to fares of new railway services using express trains. Research design, data, and methodology - This study was conducted through a literature review and case studies. In the literature review, we examined three approaches, focusing on the customer-based pricing approach and its application. In the case studies, we show how a customer-based pricing approach can be applied to determining the fares for railway services. Result - Some studies have used a customer-based pricing approach to set railway service rates, adapting the concepts of customer-based pricing such as demand, elasticity, value and willingness to pay. When setting fares of new railway services, it is recommended to use the customer-based approach in conjunction with other pricing approaches. Conclusion - This study demonstrates that a customer-based pricing approach is a promising tool in making decisions on railway fares. By applying a customer-based pricing approach to fares for new railway services using express trains, railway operators can utilize new service rates and increase the profitability of the railway business.

• Journal of the Korean Operations Research and Management Science Society
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• v.3 no.1
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• pp.31-46
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• 1978

Consider a time interval during which the demand for trips is fixed (e.g. the rush hour period). The traveller has a choice between various public modes, whose travel times and fares are fixed, and the automobile mode, for which travel time and cost depend on the volume of traffic flow on those roads, which are subject to congestion. We consider the equilibrium in terms of a representative travellerm, who choses for any trip the mode and route with the least combined money and time cost. When several (parallel) model or routes are chosen, then the combined cost of money and time must be equal among these. Our problem is first, to find the optimal flows of cars and of public mode carriers on the various links of their networks and second the optimal fares for trips by the variousmodes. The object is to minimize the total operating costs of the carriers and car plus the total time costs to travellers. The optimal fares are related to, but not identical with the dual variables of the underlying Nonlinear Program. They are equal to these dual variables only in the case, when congestion tolls on trips or on the use of specific roads are collected from automobile users. When such tolls are not collected, they must be passed on as subsidies to travellers using competing modes. The optimal fares of public modes are then reduced by the amounts of these subsidies. Note that subsidies are not a flat payment to public carriers, but are calculated on the basis of tickets sold. Fares and subsidies depend in general on tile period considered. They will be higher during periods of higher demand. When the assumption of fixed trip demand is relaxed, this tare system is no longer best, but only second best since too much traffic will, in general, be generated. The Free Rider Theorem states the following : Suppose road tolls can be charged, so that a best pricing system for public modes is posssible. Then there may exist free rides on some routes and modes, but never on a complete round trip.

• The Korean Journal of Air & Space Law and Policy
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• v.26 no.1
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• pp.93-125
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• 2011

The International Civil Aviation Convention (Chicago Convention) has been a backbone of international air transport system whereby air transport between States should be based on bilateral agreements, and in particular, international airfares, which are set up through IATA(International Air Transport Association) rate-fixing machinery could be approved by the governments concerned. International airfares are fares for transporting passenger and freight and their conditions between two or more countries. However, since U.S. pursued th deregulation policy in 1978 whereby routes, capacity and fares could be freely determined by airlines, many States have been following so called open-skies agreements. In many cases, aeronautical and competent authorities have been reviewing whether airlines' commercial activities including air fares could possibly conflict with free competition rules envisaged in relevant laws and regulations. As competition among airlines gets intense, airlines often resort to cooperation with other airlines in the forms such as equity exchange, M&A, code-sharing, fares consultation and resource pooling, mainly with a view to effectively use resources available and to avoid monopoly situation resulting from excessive and destructive competition among players. Whereas bearing in mind that application of competition laws is important to secure consumers' interests by preventing airlines's malpractices such as bargaining exorbitant fares, it is also important to comprehensively consider as many factors as possible, from that unilateral measure by governments may bring about retaliatory measures by the governments affected, to that airlines' cooperative practices may rather increase consumers' benefits by lowering air fares.

• Proceedings of the KIEE Conference
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• 2002.07b
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• pp.1211-1213
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• 2002

We have frequently felt it inconvenient to collect fare drawing the card in transportation system. Especially, for subway the fares of mass transportation at rush hours of the days, it's important to find a way to collect fares without unnecessarily delaying passengers. In this paper, we proposed a system for the gateless fare collection passing through the booth in only carrying the card. In this system that RF-ID system and Bluetooth are applied. We designed two wireless communication channels. One is the 125kHz communication channel by FSK and PSK for power supplying on the card and identification and the other is 2.4GHz channel for the collection.

• Journal of the Korea Society of Computer and Information
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• v.22 no.10
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• pp.35-40
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• 2017

A weight-rate disposal system for food waste has been implemented in all over the country. The food waste disposal system is a system paying service charge according to the volume of food waste, which means the more we produce waste, the more we have to pay as much.Since this policy was introduced, each of apartment, villa, etc and other buildings must install the food waste disposal system. We can say that there are strong points in this paper for us to install a weight monitor on the channel of the floor each, accumulate the fares automatically and collect the fares at the end of every month.

• Proceedings of the KIEE Conference
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• 2003.07b
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• pp.1306-1308
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• 2003

RF-ID technic will got over not only damage which can be caused by contact ID technic but also worse awareness with the lapse of time. In advance, for subway the fares of mass transportation at rush hours of the days, it's important to find a way to collect fares without unnecessarily delaying passengers. In this paper. we are proposing RF-ID system using the RF Communication Technic and Energy Transformation Technic.

• Environmental Engineering Research
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• v.25 no.4
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• pp.479-487
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• 2020

Current assumptions are used in the formulation of pseudo-first (PFO) and second-order (PSO) models to describe the kinetic data of filtration based on ideal operating conditions. This paper presents a new model developed with pseudo n^th order and based on real assumption. A comparison was performed between PFO, PSO and the new model to highlight their performance and the optimisation of the pseudo-order equation, using MATLAB software. Adsorption characteristic of bovine serum albumin adsorption on the track-etched membrane are used as a medium based on protein filtration data were extracted from the literature for different concentrations to demonstrate the comparison between PFO/PSO and the new model. The pseudo first and second-order kinetic models were applied to test the experimental data and they did not provide reasonable values. The results show that the predicted values are consistent with experimental values giving a good correlation coefficient R² = 0.997 and a minimum root mean squared error RMSE = 0.0171. Indeed, the experimental results follow the new model and the optimal pseudo equation order n = 1.115, the most suitable curves for the new model. As a result, we used different experimental adsorption data from the literature to examine and check the applicability and validity of the model.

• Journal of Korea Port Economic Association
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• v.40 no.1
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• pp.119-131
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• 2024

This study examines the interrelationship between coastal passenger demand and fares for 101 coastal passenger routes in Korea during the 2018 to 2022 period. The two-stage least squares method through a panel data simultaneous equations model was estimated to the effects of individual route characteristics and regional characteristics on the performance and fares of coastal passenger transportation. The estimated results indicate that the endogenous variable, fare, and the exogenous variables, route characteristics, route distance, and the instrumental variable, frequency, affect the demand for coastal passengers. In the short-run pricing function, the exogenous variables, capacity, speed, and route distance, as well as the endogenous variable, coastal passenger transportation performance, affect the coastal passenger fare. This study is expected to provide useful implications for domestic coastal passenger demand and pricing in relation to coastal passengers.

• Journal of the Korean Geographical Society
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• v.43 no.4
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• pp.544-560
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• 2008

This study seeks to clarify the background and factors for the expansion of bus networks that connect Incheon International Airport with its hinterlands. For this research objective, this paper analyzes the relationships among the change of bus routes, competitive transportation modes, passenger fares, and the shortest time distance. Previously, the hinterlands of route bus networks that connect Gimpo International Airport were Seoul metropolitan area, Chungcheong region, Jeonju and Iksan in Jeollabuk-do(province). However, the opening of Incheon International Airport resulted in the expansion of the hinterlands of bus networks to Gangwon-do, Gwangju, and major cities in Youngnam region. Simultaneously, route bus networks also expanded in Seoul metropolitan area. Each bus route connecting Incheon International Airport with its hinterlands was opened by a single bus company or various bus companies. In many cases, due to the uncertainty of revenues or bus company's regional ties, a bus route was opened by various bus companies. In this paper, the analysis of the number of one-way route bus service and density of flight passengers shows that the frequency of the route bus service for Seoul except Gangseo-gu(ward) and for Seoul's satellite cities(Suwon, Seongnam, Anyang, Gunpo, Guri, and Osan) should be decreased. The analysis also shows that the frequency of the route bus services for the other cities, counties(Guns), and wards(gus) should be increased. In Seoul metropolitan area, although route bus fares are more expensive than subway fares, passengers use route bus more frequency than subway because time distance of route bus is shorter than that of subway and subway transfer is inconvenient. In general, outside Seoul metropolitan area, air flight is preferred in the regions that have airports. In contrast, the route bus is preferred in Daegu and other regions that do not have airports.

• Computers and Concrete
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• v.11 no.2
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• pp.105-121
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• 2013

This paper investigates the parameters that control the design of Fiber Reinforced Polymer (FRP) reinforced concrete flexural members proportioned following the ACI 440.1R-06. It investigates the critical parameters that control the flexural design, such as the deflection limits, crack limits, flexural capacity, concrete compressive strength, beam span and cross section, and bar diameter, at various Mean-Ambient Temperatures (MAT). The results of this research suggest that the deflection and cracking requirements are the two most controlling limits for FRP reinforced concrete flexural members.