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.

Media Info

  • Media Type: Print
  • Features: Figures; References;
  • Pagination: pp 15-17
  • Monograph Title: Public Transportation Planning and Development
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00316661
  • Record Type: Publication
  • ISBN: 0309029902
  • Files: TRIS, TRB
  • Created Date: Oct 27 1981 12:00AM