Daily Archives: February 13, 2020

Research provides decision tool to set pricing for multi-day bikeshare passes

Gyugeun Yoon’s work looks at unlimited-ride pass pricing (specifically Citi Bike’s 1-day and 3-day passes) and finds a pricing policy that can improve both revenues for Citi Bike and user welfare. This work should be of interest to operators designing unlimited ride pass programs to determine appropriate prices to set.

The paper is available open access at the following link: https://www.sciencedirect.com/science/article/pii/S2046043020300058