SERVICE UNRELIABILITY AND BUS SUBSIDY
operations - reliability, economics - subsidy, mode - bus, mode - mass transit
Transit, Subsidies, Reliability, Public transit, Mass transit, Logits, Logit models, Local transit, Intracity bus transportation, Bus transit, Bus services
This paper addresses the link between the degree of unreliability of bus services and the level of optimal bus subsidy. With unreliability influencing user cost, and user cost being a key determinant of optimal bus subsidy, it follows that there is a link between service unreliability and optimal subsidy. Service unreliability is shown to have quite a significant influence on optimal subsidy. The impact is rather small in cases where a single type of user behavior (random or planned) occurs. In contrast, the impact is much more significant when a logic model is used to predict choice between the two types of user behavior.
Tisato, P, (1998). SERVICE UNRELIABILITY AND BUS SUBSIDY. Transportation Research Part A: Policy and Practice, Volume 32, Issue 6, p. 423-436.