Performance of transit agencies in the United States improved during the 1980s. At the beginning of the decade, Americans had become disenchanted with transit; legislation was passed that required agencies to report performance and accept regular audits. Theory underlying these policies is...

Governmental agencies need to be able to assess the performance of transit agencies and to compare them with peer agencies. This assessment must measure not only how efficient the agency is in producing transit service, but also how effective it is in having that service consumed. This paper...

Qualitative choice models, such as the logit model, can capture important firm and product asymmetries. This paper surveys use of the logit model in industrial organization, with special focus on its application to merger analysis. The basic model and its motivation are reviewed, as is its...