ELASTICITY OF TRANSIT DEMAND WITH RESPECT TO PRICE: A CASE STUDY

The report describes the methodology and the results of an empirical study of peak-period transit demand elasticity with respect to price (fare). Field observations were structured to capture the reactions of morning (inbound) commuters to a peak-period fare increase introduced on September 1, 1975. The study is limited to bus and automobile travelers on the Shirley Highway and bus passengers on the Lee Highway, both in Northern Virginia. The Shirley buses provide express service on exclusive freeway lanes, whereas the Lee Highway buses provide traditional service on a signalized radial arterial. Various impacts are identified, quantified and compared. Demand for service on the Shirley Highway Express buses is less elastic (-0.274 to -0.218) than that for the traditional Lee Highway bus service (-0.535 to -0.273). There was little evidence of passengers on either service shifting travel outside the peak-periods to avoid higher fares. The fare increase had no effect on auto travel. These results suggest applying different pricing policies to different types of transit service.

  • Corporate Authors:

    National Bureau of Standards

    Gaithersburg, MD  United States 

    Urban Mass Transportation Administration

    400 7th Street, SW
    Washington, DC  United States  20590
  • Authors:
    • Schofer, R E
  • Publication Date: 1978-3

Media Info

  • Pagination: 45 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00191376
  • Record Type: Publication
  • Source Agency: National Technical Information Service
  • Report/Paper Numbers: NBSIR-78-1462, NBS2050404
  • Contract Numbers: DOT-AT-40018
  • Files: NTIS, TRIS, USDOT
  • Created Date: May 11 2002 12:00AM