PREFERENCE ELASTICITIES OF TRANSIT FARE INCREASES AND DECREASES BY DEMOGRAPHIC GROUPS

Using a technique known as trade-off analysis, this paper shows how preference elasticites for transit fare increase and decreases can be estimated for different socioeconomic groups. Data for the anaysis is drawn from a NYSDOT-sponsored survey of 1,000 households in the State, conducted in November 1974. Two notable conclusions are drawn: (1) preference elasticities for fare decreases are significantly lower than preference elasticities for fare increases; (2) fare-decrease elasticities vary for different stratifications of the population, while fare-increase elasticities are very nearly the same for all socioeconomic groups. /Author/

  • Supplemental Notes:
    • This paper was submitted for presentation at the 55th Annual Meeting of the Transportation Research Board, Washington, D.C., January 1976.
  • Corporate Authors:

    New York State Department of Transportation

    Planning Division, State Campus, Building 4
    Albany, NY  USA  12232
  • Authors:
    • Donnelly, E P
  • Publication Date: 1975-8

Media Info

  • Features: Figures; Tables;
  • Pagination: 15 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00179047
  • Record Type: Publication
  • Report/Paper Numbers: Res. Rpt. 89
  • Files: TRIS, STATEDOT
  • Created Date: Jul 29 1981 12:00AM