ALTERNATIVE METHODOLOGIES FOR MEASURING TRANSIT BENEFITS-ABRIDGEMENT
In this analysis of alternative methodologies for measuring transit benefits, it is argued that the cost-savings approach that is commonly employed has restrictive limitations, which may be too restrictive for this approach to be practical. The rarely used method of estimating benefits directly from the demand functions is also pursued. Although measuring transit benefits by finding areas under transit demand curves does not have the limitations of the cost-savings approach, demand curves, themselves, are difficult to estimate. However, this paper has developed algorithms for measuring such areas that require minimal and easily obtained data. The required data are fare, fare elasticity, number of trips, and revenue.
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/isbn/0309029902
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Supplemental Notes:
- Publication of this paper sponsored by Committee on Public Transportation Planning and Development. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved.
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Authors:
- Becker, A Jeff
- Talley, Wayne K
- Publication Date: 1979
Media Info
- Media Type: Print
- Features: Figures; References;
- Pagination: pp 15-17
- Monograph Title: Public Transportation Planning and Development
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Serial:
- Transportation Research Record
- Issue Number: 735
- Publisher: Transportation Research Board
- ISSN: 0361-1981
Subject/Index Terms
- TRT Terms: Benefits; Costs; Elasticity (Mechanics); Fares; Measurement; Public transit; Revenues; Savings; Travel; Travel demand
- Uncontrolled Terms: Trip
- Subject Areas: Finance; Highways; Planning and Forecasting; Public Transportation; Society;
Filing Info
- Accession Number: 00316661
- Record Type: Publication
- ISBN: 0309029902
- Files: TRIS, TRB
- Created Date: Oct 27 1981 12:00AM