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Passenger ticket theory and empirical research based on valuation of travel time

Since the passenger line is completed, its revenue has become the key to sustainable development. How to build flexible and adapt to the market demand for multi-level ticket pricing theory are the problems to be solved. This paper will be thinking of the valuation of travel Time and passenger line price in China, construct passenger ticket theory based on the valuation of travel time, and consider the comfort factor, determine the computational model for our valuation of travel time. On this foundation, the Beijing-Shanghai passenger dedicated line as an example, to calculate the ticket price and analysis on its rationality for the future, trying to give a more reasonable basis for passenger ticket pricing.