Transit and Paratransit Competition: A Tool for Predicting Passenger Response to Price Competition

This chapter applied a stated preference (SP) approach to the analysis of competitiveness levels the bus transit market. The developed methodology does not forecast market share but the travelers’ prosperity to use the bus instead of paratransit. The developed methodology uses simple field research tools and SP data in order to develop a model that enables us to test, in general terms, the impact of bus fare and frequency change—in comparison with competing paratransit fare and costs—on traveler choice. The concepts of elasticity, marginal rate of substitution and the construction of some scenarios can help company managers understand how individuals might respond when the service characteristics are modified.


  • English

Media Info

  • Media Type: Print
  • Features: Figures; References; Tables;
  • Pagination: pp 443-454
  • Monograph Title: Competition and Ownership in Land Passenger Transport

Subject/Index Terms

Filing Info

  • Accession Number: 01003343
  • Record Type: Publication
  • ISBN: 0080445802
  • Files: TRIS
  • Created Date: Aug 24 2005 12:46PM