Basso, Leonardo J.; Jara-Díaz, Sergio R. - In: Transportation Research Part A: Policy and Practice 46 (2012) 6, pp. 890-900
We model and analyze optimal (welfare maximizing) prices and design of transport services in a bimodal context. Car congestion and transit design are simultaneously introduced and consumers choose based on the full price they perceive. The optimization variables are the congestion toll, the...