Discomfort in mass transit and its implication for scheduling and pricing
AbstractThis paper proposes an analytical formulation of discomfort in mass transit and discusses its micro-economic properties. The formula we introduce reflects real situations faced by the passengers, it has nice mathematical properties and it is easy to compute. The discomfort formulation is used to analyze optimal scheduling and pricing of transit in a dynamic model.
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Bibliographic InfoPaper provided by HAL in its series Working Papers with number hal-00784303.
Date of creation: 01 Feb 2013
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Public transport; congestion discomfort; timetable schedul delay cost;
Other versions of this item:
- André DE PALMA & Moez KILANI & Stefan PROOST, 2013. "Discomfort in mass transit and its implication for scheduling and pricing," Center for Economic Studies - Discussion papers ces13.01, Katholieke Universiteit Leuven, Centrum voor Economische Studiën.
- NEP-ALL-2013-02-08 (All new papers)
- NEP-TRE-2013-02-08 (Transport Economics)
- NEP-TUR-2013-02-08 (Tourism Economics)
- NEP-URE-2013-02-08 (Urban & Real Estate Economics)
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