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Property values are affected by the properties’ physical, accessibility and environmental features. Railway stations function as nodes in transport networks and places in an urban environment. They have accessibility and environmental impacts, which contribute to property value. The literature...
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Car ownership is lower in urban areas, which is probably related to the availability of better public transport. Better public transport thus may offer the possibility to relieve the many problems (congestion, health, and parking) associated with the presence of cars in urban areas. To...
Persistent link: https://www.econbiz.de/10011431476
A monopolist in public transport may oversupply frequency relative to the social optimum, as van Reeven (2008) demonstrates with homogeneous consumers. This result generalizes for heterogeneous consumers who know the timetable. Whether a monopolist oversupplies or undersupplies frequency depends...
Persistent link: https://www.econbiz.de/10011378950
In the present study we carry out an analysis of speed fluctuations as a determinant of the quality of public transport. We do this by focusing on a special cause of unreliability: variations in weather conditions. We use hourly measured weather conditions. The panel data results imply that snow...
Persistent link: https://www.econbiz.de/10011380054
In this paper the reliability of travelling by public transport modes is investigated. We deal with the reliability of travel times in public travel chains. Until now the only research in this field has been directed towards the reliability of trips where only one move is made. Therefore, a new...
Persistent link: https://www.econbiz.de/10011300561
The value of travel time plays an important role in cost benefit analysis of infrastructureprojects. However, the issue of uncertainty on travel times and the implications this has forestimations of travel time values has received much less attention in the literature. In thispaper we compare...
Persistent link: https://www.econbiz.de/10011333900
Transport is characterised by market failures that are of particular importance in urban settings. This paper reviews market failures and policy failures in The Netherlands for various transport markets, including road transport, public transport and biking. Special attention is paid to parking...
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