Economic and socioeconomic assessment of replacing conventional public transit with demand responsive transit services in low-to-medium density areas
Jaâfar Berrada and
Alexis Poulhès
Transportation Research Part A: Policy and Practice, 2021, vol. 150, issue C, 317-334
Abstract:
The emergence of demand responsive transport (DRT) services is restructuring mobility in the urban universe. They provide a high level of service and in many cases compete with public transportation modes. However, in less dense areas, where conventional public transit (CPT) services such as buses are inefficient and costly, DRT services could be an alternative that is both profitable and provides passenger satisfaction.
Keywords: Economic optimization; Agent-based model; Elastic demand; Ridesharing; Intermediate transport modes (search for similar items in EconPapers)
Date: 2021
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DOI: 10.1016/j.tra.2021.06.008
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