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The interplay between congestion and crowding externalities in the design of urban bus systems is identified and analysed. A multimodal social welfare maximisation model with spatially disaggregated demand is developed, in which users choose between travelling by bus, car or walking in a...
Persistent link: https://www.econbiz.de/10010753662
A model to compare three alternative forms of public transport - light rail, heavy rail and bus rapid transit - is developed for an urban network with radial lines emanating from the borders to the city centre. The theoretical framework assumes an operation aimed at minimising the total cost...
Persistent link: https://www.econbiz.de/10008863109
Microeconomic optimisation of scheduled public transport operations has traditionally focused on finding optimal values for the frequency of service, capacity of vehicles, number of lines and distance between stops. In addition, however, there exist other elements in the system that present a...
Persistent link: https://www.econbiz.de/10009023485
A renewed interest in public transport analysis and development has triggered a debate among policy makers, practitioners and stakeholders regarding technologies, design, pricing, subsidies and contract forms for optimal policy, including social well-being and the financing of public transport...
Persistent link: https://www.econbiz.de/10011039331