The impact of bus punctuality on users’ decisions and welfare

Simple item page
dc.contributor.authorFeres, Fernando
dc.contributor.authorBasso, Franco
dc.contributor.authorPezoa. Raúl
dc.contributor.authorVaras, Mauricio
dc.contributor.authorVargas- Estrada, Eusebio
dc.date.accessioned2023-04-25T19:19:29Z
dc.date.available2023-04-25T19:19:29Z
dc.date.issued2022
dc.description.abstractThis paper proposes a public transport users’ scheduling model that considers crowding inside vehicles, waiting time, and punctuality as a reliability measure. Commuters simultaneously make two choices: the preferred bus and the timing to arrive at the bus stop (on time or late). Public transport punctuality is the probability of being on time or late, generating a parameter of public transport reliability. We compute users’ equilibrium, social optimum, and first-best pricing and analytically devise a methodology to obtain the second-best pricing. Using numerical analysis, we show that (i) punctuality plays an essential role in the commuter strategy modifying according to its level, (ii) commuters’ strategy changes according to how reliable the system is, and (iii) second-best pricing is efficient only for limited cases.
dc.description.versionVersión publicada
dc.identifier.citationFernando Feres, Franco Basso, Raúl Pezoa, Mauricio Varas & Eusebio Vargas-Estrada (2022): The impact of bus punctuality on users’ decisions and welfare, Transportation Letters, DOI: 10.1080/19427867.2022.2136046
dc.identifier.doihttps://doi.org/10.1080/19427867.2022.2136046
dc.identifier.urihttps://repositorio.udd.cl/handle/11447/7380
dc.language.isoen
dc.subjectPublic transport
dc.subjectReliability
dc.subjectPunctuality
dc.subjectUser equilibrium
dc.titleThe impact of bus punctuality on users’ decisions and welfare
dc.typeArticle
dcterms.accessRightsPrivado
dcterms.sourceTransportation Letters

Files

Original bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
Theimpactofbuspunctualityonusersdecisionsandwelfare.pdf
Size:
1.58 MB
Format:
Adobe Portable Document Format
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.63 KB
Format:
Item-specific license agreed upon to submission
Description:
Download

Collections

Artículos Ingeniería

Implementado por OpenGeek Services