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In 1863, the Metropolitan Railway of what came to be known as the London Underground successfully opened as the world’s first subway. Its high ridership spawned interest in additional links. Entrepreneurs secured funding and then proposed new lines to Parliament for approval, though only...
Persistent link: https://www.econbiz.de/10011141319
Because people seek to minimize their time and travel distance (or cost) when commuting, the circuity–the ratio of network distance traveled to the Euclidean distance between two points–plays an intricate role in the metropolitan economy. This paper seeks to measure the circuity of...
Persistent link: https://www.econbiz.de/10011141325