Affiliations: School of Economics and Management, Beijing Jiaotong University, Beijing, China
Correspondence:
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Corresponding author. Taixin Liang, School of Economics and Management, Beijing Jiaotong University, Beijing BJ, China. Tel.: +86 13910963723; Fax: +86 010 51896014; E-mail: bjltx@126.com.
Abstract: The rapid increase of China’s railway mileage and the effective release of transport capacity provide a basis for the development of tourist-dedicated train. Considering the decision-making between the railway enterprises and the local government on whether the tourist-dedicated train stops at the local station, the length of stay and the market price, the model of its operation plan is designed to solve algorithm problem and provide foundation for railway enterprises to improve the efficiency of operation. Based on the results of experiments, we found that the price sensitivity of consumers is negatively correlated with the pricing and income of tourist-dedicated train. The higher the sensitivity of prices is, the lower the fares and profits of the tourist railways service will realize. In addition, the initial scale of tourism demand of each region along the railway has a direct impact on whether to build a stop in the area. A larger demand scale will increase the possibility of the tourist-dedicated train stopping. In this case, to develop the Mid-and High Tier tourist-dedicated train, the close contact and strategic cooperation with local governments before its opening should be traded-off and considered as important factors for the China National Rail.
Keywords: Tourist dedicated train, decision-making model, game theory
