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Dense urban areas are especially hardly hit by the COVID-19 crisis due to the limited availability of public transport, one of the most efficient means of mass mobility. In light of the COVID-19 pandemic, public transport operators are experiencing steep declines in demand and fare revenues due...
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This paper models inter-regional public transport provision with federal and local levels of government. Such services can in principle be operated by (i) the higher-level government, (ii) one of the local governments, or (iii) a private operator. We derive optimal pricing and capacity...
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