MATEC Web Conf.
Volume 154, 2018The 2nd International Conference on Engineering and Technology for Sustainable Development (ICET4SD 2017)
|Number of page(s)||6|
|Section||Engineering and Technology|
|Published online||28 February 2018|
Non-cooperative and cooperative solutions of government subsidy on public transportation
Engineering Department, Langlangbuana University, Bandung, Indonesia
2 Mathematics Department, Institut Teknologi Bandung, Bandung, Indonesia
3 Mathematics Department, Universitas Padjadjaran, Bandung, Indonesia
* Corresponding author: email@example.com
The paper deals with two models of government subsidy given to a public transport operator: (i) the subsidy for buying bus from an appointed public transport manufacturer, and (ii) the subsidy for reimbursing reduced ticket price for passengers. The models are developed to determine the maximum profit for both the public transport operator and the manufacturer. Since we consider two parties – the public transport operator and the manufacturer of the bus, then we use game theoretical approach by considering non-cooperative and cooperative solutions. Furthermore, since the bus is repairable we consider virtual age to model the preventive maintenance and we consider minimal repair to model the corrective maintenance. We analyse both type of subsidy models and give some numerical examples which show the effects of different subsidies to the profit of operator and manufacturer. The result of the numerical examples indicates that reducing ticket price would give a higher profit both to the operator and the manufacturer.
© The Authors, published by EDP Sciences, 2018
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (http://creativecommons.org/licenses/by/4.0/).
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