Discomfort in mass transit and its implication for scheduling and pricing

This paper proposes an analytical formulation of discomfort in mass transit and discusses its micro-economic properties. The formula we introduce reflects real situations faced by the passengers, it has nice mathematical properties and it is easy to compute. The discomfort formulation is used to analyze optimal scheduling and pricing of transit in a dynamic model.

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Year of publication:	2013-02-01
Authors:	Palma, André De ; Kilani, Moez ; Proost, Stef
Institutions:	HAL
Subject:	Public transport \| congestion discomfort \| timetable schedul delay cost

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	View the original document on HAL open archive server: http://hal.archives-ouvertes.fr/hal-00784303
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010821187