Towards a general microeconomic model for the operation of public transport
After Vickrey's view, Mohring constructed a microeconomic model to determine the optimal frequency of buses serving a corridor with fixed demand. The main result was that frequency should be proportional to the square root of demand. The role of users' costs was shown to be crucial. This approach has evolved over the past decades, improving our understanding of public transport operations. This paper describes and analyses the evolution of microeconomic models for the analysis of public transport services with parametric demand, leading towards a more comprehensive one. An in-depth review of all the contributions in the academic literature is presented, emphasizing both the treatment of variables and the form of the results mostly in terms of frequency and fleet size. A series of partial new elements is also identified. An extension of Jansson's model for a single period is developed analytically, including the effect of vehicle size on operating costs and the influence of crowding on the value of time. Numerical simulations are used for comparison and analysis. A general model is then proposed where bus operations are optimized accounting for a number of simultaneous relations. Finally, the different models are discussed and compared.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 23 (2003)
Issue (Month): 4 (July)
|Contact details of provider:|| Web page: http://www.tandfonline.com/TTRV20|
|Order Information:||Web: http://www.tandfonline.com/pricing/journal/TTRV20|
When requesting a correction, please mention this item's handle: RePEc:taf:transr:v:23:y:2003:i:4:p:453-469. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.