Date of Publication

8-2025

Document Type

Bachelor's Thesis

Degree Name

Bachelor of Science in Mathematics with specialization in Business Applications

Subject Categories

Mathematics | Transportation

College

College of Science

Department/Unit

Mathematics and Statistics Department

Thesis Advisor

Yvette F. Lim

Defense Panel Chair

Ederlina G. Nocon

Defense Panel Member

Noel T. Fortun

Abstract (English)

Jeepneys remain a crucial mode of public transportation in the Philippines, but fare pricing remains a challenge due to conflicting stakeholder interests. Existing transport fare optimization models primarily focus on operational and economic factors, often overlooking social equity and stakeholder preferences. Research on jeepney fare optimization is especially limited, typically centering on operational costs and qualitative analyses of passenger preferences and environmental impact. This study proposes a multi-objective nonlinear optimization model to determine the socially optimal traditional jeepney base fare, integrating the interests of passengers, operators, and the government into the decision-making process. The model maximizes a social welfare function representing the collective utility of stakeholders, subject to ridership, operator revenue, and non-negativity constraints. Passenger utility reflects affordability, safety, and environmental friendliness; operator and government utilities are driven by revenue and emissions, respectively. The model will be evaluated under two policy scenarios, where the government (1) fully and (2) partially covers modernization costs.

Abstract Format

html

Abstract (Filipino)

"-"

Abstract Format

html

Language

English

Format

Electronic

Keywords

Transportation—Fares; Nonlinear programming

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Embargo Period

8-11-2026

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Available for download on Tuesday, August 11, 2026

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