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Transportation subsidy models involving operator and manufacturer: A case study in Indonesia
Husniah H.a, Bayuzetra Y.T.b, Gunawan G.a, Supriatna A.K.c, Pasaribu U.S.b
a Department of Industrial Engineering, Langlangbuana University, Bandung, 40261, Indonesia
b Faculty of Science and Mathematics, Institut Teknologi Bandung, Bandung, 40132, Indonesia
c Department of Mathematics, Padjadjaran University, Sumedang, 45363, Indonesia
[vc_row][vc_column][vc_row_inner][vc_column_inner][vc_separator css=”.vc_custom_1624529070653{padding-top: 30px !important;padding-bottom: 30px !important;}”][/vc_column_inner][/vc_row_inner][vc_row_inner layout=”boxed”][vc_column_inner width=”3/4″ css=”.vc_custom_1624695412187{border-right-width: 1px !important;border-right-color: #dddddd !important;border-right-style: solid !important;border-radius: 1px !important;}”][vc_empty_space][megatron_heading title=”Abstract” size=”size-sm” text_align=”text-left”][vc_column_text]© 2019, World Scientific and Engineering Academy and Society. All rights reserved.In order to reduce a high amount of traffic congestion in a city, a government adopted fiscal subsidy to encourage the use of public transportation, especially buses. This paper deals with two government’s subsidy models: A subsidy for purchasing buses from the manufacturers and a subsidy for reducing ticket price for passengers. From both subsidy models, we determine the maximum profit of the operator and manufacturer using non-cooperative solution game theory. By Analyzing both models and making numerical examples using data from Indonesia public transport, it is expected that the influence of subsidy to the profit of the operator and manufacturers can be revealed. The result indicates that reducing ticket price will give higher profit both to the operator and manufacturers.[/vc_column_text][vc_empty_space][vc_separator css=”.vc_custom_1624528584150{padding-top: 25px !important;padding-bottom: 25px !important;}”][vc_empty_space][megatron_heading title=”Author keywords” size=”size-sm” text_align=”text-left”][vc_column_text][/vc_column_text][vc_empty_space][vc_separator css=”.vc_custom_1624528584150{padding-top: 25px !important;padding-bottom: 25px !important;}”][vc_empty_space][megatron_heading title=”Indexed keywords” size=”size-sm” text_align=”text-left”][vc_column_text]Non-cooperative solution,Subsidy model,Transportation operator[/vc_column_text][vc_empty_space][vc_separator css=”.vc_custom_1624528584150{padding-top: 25px !important;padding-bottom: 25px !important;}”][vc_empty_space][megatron_heading title=”Funding details” size=”size-sm” text_align=”text-left”][vc_column_text][{‘$’: ‘This work is funded by the Ministry of Research, Technology, and Higher Education of the Republic of Indonesia through the scheme of ?PUPT 2018? with contract number 0813/K4/KM/2018.’}, {‘$’: ‘This work is funded by the Ministry of Research, Technology, and Higher Education of the Republic of Indonesia through the scheme of “PUPT 2018” with contract number 0813/K4/KM/2018.’}][/vc_column_text][vc_empty_space][vc_separator css=”.vc_custom_1624528584150{padding-top: 25px !important;padding-bottom: 25px !important;}”][vc_empty_space][megatron_heading title=”DOI” size=”size-sm” text_align=”text-left”][vc_column_text][/vc_column_text][/vc_column_inner][vc_column_inner width=”1/4″][vc_column_text]Widget Plumx[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column][vc_separator css=”.vc_custom_1624528584150{padding-top: 25px !important;padding-bottom: 25px !important;}”][/vc_column][/vc_row]