Proceedings of the 2nd International Conference on Mathematical Statistics and Economic Analysis, MSEA 2023, May 26–28, 2023, Nanjing, China

Research Article

Study on the Pricing of Passenger Products of Beijing-Shanghai High Speed Railway under the Influence of Civil Aviation Competition

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  • @INPROCEEDINGS{10.4108/eai.26-5-2023.2334414,
        author={Chaolong  Zhao and Yu  Zhao},
        title={Study on the Pricing of Passenger Products of Beijing-Shanghai High Speed Railway under the Influence of Civil Aviation Competition},
        proceedings={Proceedings of the 2nd International Conference on Mathematical Statistics and Economic Analysis, MSEA 2023, May 26--28, 2023, Nanjing, China},
        publisher={EAI},
        proceedings_a={MSEA},
        year={2023},
        month={7},
        keywords={potential category model; two-level planning; game pricing; differential pricing},
        doi={10.4108/eai.26-5-2023.2334414}
    }
    
  • Chaolong Zhao
    Yu Zhao
    Year: 2023
    Study on the Pricing of Passenger Products of Beijing-Shanghai High Speed Railway under the Influence of Civil Aviation Competition
    MSEA
    EAI
    DOI: 10.4108/eai.26-5-2023.2334414
Chaolong Zhao1,*, Yu Zhao1
  • 1: Beijing JiaoTong University
*Contact email: 22125817@bjtu.edu.cn

Abstract

At present, China's single railroad fare mechanism restricts its own healthy development to a certain extent, and it is in a disadvantageous position to compete with the passenger traffic of civil aviation in the high-speed passenger transportation market. In order to better cope with the competition from civil aviation, this paper takes Beijing-Shanghai corridor as an example and solves the optimized fares of high-speed railway passenger products under the influence of civil aviation competition based on game theory, and the results show that the optimized fares can effectively improve the revenue of high-speed railway operating enterprises.