Analysis of Urban Public Transit Pricing Adjustment Program Evaluation Based on Trilateral Game

Establishment and implementation of the urban transportation pricing adjustment program will have great impacts on holistic development of urban transportation. The paper establishes a trilateral game model on pricing adjustment program participants, including governments, public transport enterprise and passengers. Through analyzing trilateral benefits, the model can conclude if an adjustment program succeeds or not. Furthermore, adopting the modeling method of Stackelberg oligopoly model, applying backward induction method in model analysis, the model presents an evaluation method for estimating whether the public transit pricing adjustment program is successful or not. The work provides a research method for studying the feasibility of an urban transportation pricing adjustment program.