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On the Welfare Optimal Policies in Demand Responsive Transportation and Shared Taxi Services

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  • Jani-Pekka Jokinen

Abstract

This paper presents a model addressing welfare optimal policies, and unique cost structures of demand responsive transportation and shared taxi services. In shared rides, passengers cause external travel time costs for other passengers due to route changes and additional stops. Optimal pricing and trip production policies are studied in three situations: 1) when the fare structure is flat rate; 2) when fares vary according to distance; and 3) when variable travel time promises are considered. The interpretation of the results highlights the fundamental differences between demand responsive transportation and conventional bus and taxi services from the viewpoint of transport policy. © 2016 LSE and the University of Bath

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  • Jani-Pekka Jokinen, 2016. "On the Welfare Optimal Policies in Demand Responsive Transportation and Shared Taxi Services," Journal of Transport Economics and Policy, University of Bath, vol. 50(1), pages 39-55, January.
    • Handle: RePEc:tpe:jtecpo:v:50:y:2016:i:1:p:39-55
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    Cited by:

    1. Zhang, Jie & Wang, David Z.W. & Meng, Meng, 2018. "Which service is better on a linear travel corridor: Park & ride or on-demand public bus?," Transportation Research Part A: Policy and Practice, Elsevier, vol. 118(C), pages 803-818.
    2. Jokinen, Jani-Pekka & Sihvola, Teemu & Mladenovic, Milos N., 2019. "Policy lessons from the flexible transport service pilot Kutsuplus in the Helsinki Capital Region," Transport Policy, Elsevier, vol. 76(C), pages 123-133.
    3. Börjesson, Maria & Fung, Chau Man & Proost, Stef, 2020. "How rural is too rural for transit? Optimal transit subsidies and supply in rural areas," Journal of Transport Geography, Elsevier, vol. 88(C).
    4. Jani-Pekka Jokinen, 2021. "Modelling Optimal Policies of Demand Responsive Transport and Interrelationships between Occupancy Rate and Costs," Papers 2103.00565, arXiv.org.

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