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Prof. Hai Yang from HKUST Visited BUAA SEM and Gave a Seminar

Publish Date: 2016/12/26 13:33:18    Hits:

 

Prof. Hai Yang from The Hong Kong University of Science and Technology Visited BUAA SEM and gave a seminar, “Managing rail transit peak-hour congestion with fare-reward schemes”, on 22h December, 2016.

 

Prof. Yang presented one of his working papers at the seminar. He propose a new fare-reward scheme for managing commuter’s departure time choice in a rail transit corridor, which aims to incentivize commuters’ shift to shoulder periods of the peak-hour to relieve queueing at the transit stations. A general framework of the rail transit bottleneck is provided and uniform-fare user equilibrium and social optimum are determined. A fare-reward scheme (FRS) is then introduced that rewards a commuter one free trip during the shoulder periods after a certain number of paid trips during the peak-hour. As a result, FRS implements an optimal reward ratio up to 50% and yields a reduction of average time costs at least 25%.

After the talk, Prof. Yang has a good discussion with audience. This seminar is fruitful, and it will be helpful for our modeling in the future.  

Bio:Prof. Hai Yang is currently a Chair Professor at The Hong Kong University of Science and Technology. He is internationally known as an active scholar in the field of transportation, with more than 200 papers published in SCI/SSCI indexed journals and an H-index citation rate of 43. Most of his publications appeared in leading international journals, such as Transportation Research, Transportation Science and Operations Research. Prof. Yang received a number of national and international awards, including National Natural Science Award bestowed by the State Council of PR China (2011). He was appointed as Chang Jiang Chair Professor of the Ministry of Education of PR China. Prof. Yang is now the Editor-in-Chief of Transportation Research Part B: Methodological, a top journal in the field of transportation.