Tirachini, Alejandro; Hensher, David A.; Rose, John M. - In: Transportation Research Part B: Methodological 61 (2014) C, pp. 33-54
choose between travelling by bus, car or walking in a transport corridor. Optimisation variables are bus fare, congestion … toll, bus frequency, bus size, fare collection system, bus boarding policy and the number of seats inside buses. We find …) imposes a sizeable increase in the optimal bus fare, and consequently, a reduction of the optimal bus subsidy. …
