Restating modal investment priority with an improved model for public transport analysis
Abstract
We compare analytically and numerically the optimised performance of different urban public transport modes for three objectives: total cost minimisation, profit maximisation, and welfare maximisation. We find that under optimal operation, buses provide lower waiting time and operator costs, therefore the only possible advantage for rail is providing a lower in-vehicle time cost if trains are faster. Using Australian data, we found that bus rapid transit provides a lower total cost, higher profit and welfare, up to their capacity. Introducing passengers dislike of crowding and train-specific attraction elements might make Heavy Rail the most cost effective mode for high levels of demand.Download Info
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Bibliographic Info
Article provided by Elsevier in its journal Transportation Research Part E: Logistics and Transportation Review.
Volume (Year): 46 (2010)
Issue (Month): 6 (November)
Pages: 1148-1168
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Related research
Keywords: Bus Rail BRT Users costs Operator costs Crowding;References
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Tirachini, Alejandro & Hensher, David A. & Jara-Díaz, Sergio R., 2010. "Comparing operator and users costs of light rail, heavy rail and bus rapid transit over a radial public transport network," Research in Transportation Economics, Elsevier, vol. 29(1), pages 231-242.
- Tirachini, Alejandro & Hensher, David A., 2011. "Bus congestion, optimal infrastructure investment and the choice of a fare collection system in dedicated bus corridors," Transportation Research Part B: Methodological, Elsevier, vol. 45(5), pages 828-844, June.
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