Technical Note---The Denver Free Fare Project as a “Habit Breaker”
Larry D. Singell and
Eric Schifferli
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Larry D. Singell: University of Colorado, Boulder, Colorado
Eric Schifferli: University of Colorado, Boulder, Colorado
Transportation Science, 1983, vol. 17, issue 4, 464-470
Abstract:
The note assesses the impact on bus ridership of the year-long free fare experiment in Denver, Colorado. Data on ridership from February 1977 through October 1980, which includes 1 year before and 1½ after the experiment, are used to estimate the elasticity of ridership when the fare is reduced to zero and when it was reinstated. A cost-benefit analysis argues that the free fare demonstration projects may be justified.
Date: 1983
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Persistent link: https://EconPapers.repec.org/RePEc:inm:ortrsc:v:17:y:1983:i:4:p:464-470
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