ANALYSIS OF TRANSIT OPERATIONS: FARE/FREQUENCY TRADEOFFS
The paper discusses modeling of transit operations on a route-by-route basis. In particular, explicit relationships between ridership, revenue, fare and frequency are sought. Functional forms for two models -- demand and cost -- are assumed. The forms -- constant elasticity demand and linear cost -- are simple enough to allow analytical solutions yet sufficiently rich to portray most of the essential tradeoffs. The models are not system aggregate but are intended to model a given route at a given time of day. The implications of these assumptions are shown on the "frequency-fare" plane. This plane is shown to be divided into two areas, one of excess capacity and one of excess demand.
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Supplemental Notes:
- Presented at the INFAC/IFIP/IFORS International Symposium: Control in Transportation Systems, Columbus, Ohio, August 9-13, 1976.
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Corporate Authors:
International Federation of Automatic Control
Postfach 1139, Graf-Recke-Strasse 84
4 Dusseldorf 1, Germany -
Authors:
- LION, P M
- Obermann, R M
- Conference:
- Publication Date: 1976
Media Info
- Pagination: p. 73-80
Subject/Index Terms
- TRT Terms: Alternatives analysis; Fares; Frequency (Electromagnetism); Marketing; Mathematical models; Operations; Passengers; Public transit; Revenues; Ridership; Travel demand
- Uncontrolled Terms: Models
- Subject Areas: Administration and Management; Economics; Finance; Highways; Operations and Traffic Management; Passenger Transportation; Public Transportation; Railroads; Society;
Filing Info
- Accession Number: 00156317
- Record Type: Publication
- Source Agency: Engineering Index
- Report/Paper Numbers: Proceeding
- Files: TRIS
- Created Date: Aug 31 1981 12:00AM