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There has been a surge of interest recently on the relation between poverty and transport policies. When analysing the relation between poverty and transport, concern often centres on the affordability of public transport. In this paper we present two alternative definitions of affordability...
Persistent link: https://www.econbiz.de/10010990165
In this paper a model is presented based on ideas borrowed from the job search and price dispersion literature to characterise the pricing equilibrium of a competitive bus market in a more general setting than previously found in the literature. The results indicate that collusion is not...
Persistent link: https://www.econbiz.de/10004988135
Most public transport subsidies in developing countries are justified on equity or social grounds. However, it is not clear how well current subsidies meet these objectives. In this paper the author evaluates several public transport subsidies in the case of Santiago, Chile. This is an...
Persistent link: https://www.econbiz.de/10010562305