{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-9741178","patent":{"patent_number":"US-9741178","title":"Fare collection system in a public transit network","assignee":null,"inventors":[],"filing_date":"2016-12-14T00:00:00.000Z","publication_date":"2017-08-22T00:00:00.000Z","cpc_codes":["G06Q","G06Q"],"num_claims":22,"abstract":"A system in a public transit network may include a fare collection system, a fare management system, and a processing device for assessing the riskiness of fare classes in the transit network and causing the fare management system to take an action based on the assessment. Particularly, the processing device will receive fare information from the fare collection system, such as via a token reader, determine a fare return series over a period of time, apply a Capital Asset Pricing Model to the fare return series and assess the return versus volatility chart for multiple fare classes. Based on the assessment, the processing device will cause the fare management system to take an action such as changing a fare price or a route, deleting a fare class or a route, combining one or more fare classes or routes, or combining one or more fare classes with one or more routes."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"Fare collection system in a public transit network","description":"A system in a public transit network may include a fare collection system, a fare management system, and a processing device for assessing the riskiness of fare classes in the transit network and caus","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-9741178","license":"CC-BY-4.0-like","license_terms":"AI-generated analysis on this page (summary, layman_explanation, technical_analysis, business_analysis, faqs) may be reused with attribution and a visible link back to the canonical URL above. Patent abstracts, claims, and bibliographic data are USPTO public domain.","required_link":"https://patentable.app/patents/US-9741178","citation_suggestion":"Patentable. \"Fare collection system in a public transit network\" (US-9741178). https://patentable.app/patents/US-9741178","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-9741178","json":"https://patentable.app/api/llm-context/US-9741178","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-06-06T10:35:43.251Z"}