Jara-Díaz, Sergio; Gschwender, Antonio - In: Transport Reviews 23 (2003) 4, pp. 453-469
After Vickrey's view, Mohring constructed a microeconomic model to determine the optimal frequency of buses serving a corridor with fixed demand. The main result was that frequency should be proportional to the square root of demand. The role of users' costs was shown to be crucial. This...