“…Adjusting the rates of fare discounts and refunds can affect the share of HSR in the inter-city transportation market. Using a survey of passengers of the Beijing-Shanghai HSR, Zhang, Yao, and Sun (2017) explore the joint impacts of the two strategies on the choices among HSR, air travel, and conventional train. Because different travelers tend to have different travel preferences, the authors integrate a semi-compensatory mode choice model and a latent class model to examine the stated preferences of these passengers.…”