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With the aim to improve efficiency and value for money, in addition to tendered services the European Commission approach to rail organisation allows substantial open access rail services in both passenger and freight operations. This paper investigates, from a transaction cost perspective,...
Persistent link: https://www.econbiz.de/10011115812
This paper reports the findings of a comparative analysis of bus rapid transit (BRT) performance using information on cross-section data of 121 BRT systems throughout the world, in which random effects regression is employed as the modelling framework for stand alone patronage and ridership...
Persistent link: https://www.econbiz.de/10011115816
Both research and international experience have shown that, whilst BRT services allow suburban areas to be provided with a reasonable level of transit access at an acceptable cost, Heavy Rail offers higher perceived benefits to communities even where BRT performs the same or better in terms of...
Persistent link: https://www.econbiz.de/10011115817
Travel time variability (i.e., random variations in travel time) leads to a travel time distribution for a repeated trip from a fixed origin to destination (e.g., from home to work). To represent travel time variability, a series of possible travel times per alternative (departure time, route or...
Persistent link: https://www.econbiz.de/10010868637
This paper compares recent experiences in contract negotiation and subsequent commitment in public air services with the bus industry. The heart of the paper is a survey of European and Australian regional airlines, which we mirror with revealed experiences of bus operators. We aim to identify a...
Persistent link: https://www.econbiz.de/10011039334
This paper replaces the nested logit [`]trick' used in estimation of a modal choice model, when stated preference (SP) and revealed preference (RP) data are pooled, with an error component mixed logit model that can (i) relax the IID condition attached to subsets of alternatives in nested logit...
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