2002
DOI: 10.1006/juec.2001.2242
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The Commuter's Time-of-Use Decision and Optimal Pricing and Service in Urban Mass Transit

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Cited by 82 publications
(52 citation statements)
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“…Note that, () tt cN can be regarded as a reduced form of the transit cost function for a model in which transit users are subject to schedule delay costs, and have a time-of-use decision to make (Kraus and Yoshida, 2002;Kraus, 2003). More complicated situations, e.g., when transit operator is responsive to parking supply or roadway capacity expansion (Zhang et al, 2014), might be considered in further study.…”
Section: Revised Paper Submitted To Transportmetrica A: Transport Scimentioning
confidence: 99%
“…Note that, () tt cN can be regarded as a reduced form of the transit cost function for a model in which transit users are subject to schedule delay costs, and have a time-of-use decision to make (Kraus and Yoshida, 2002;Kraus, 2003). More complicated situations, e.g., when transit operator is responsive to parking supply or roadway capacity expansion (Zhang et al, 2014), might be considered in further study.…”
Section: Revised Paper Submitted To Transportmetrica A: Transport Scimentioning
confidence: 99%
“…We use subscript i to indicate a group 2 With late arrivals, the effect on prices of the number of early and late train services is asymmetric and the exact form of the price equation depends on the ratio of the values of schedule delay early and late. Arnott and Kraus (1993;1995), Kraus and Yoshida (2002), and Kraus (2003) also use this simplification. Although the restriction of no late arrival is unrealistic; it does not affect the general results of the bottleneck (see Arnott and Kraus (1993, footnote 12)) or the crowding model.…”
Section: Ratio Heterogeneity and Pricing Of A Single Bottleneckmentioning
confidence: 99%
“…which implies that the number of users in service 1 is 7 The substitution of R(R-1)/2 for the series (1+2+...+R-1) follows Kraus and Yoshida (2002). …”
Section: Ratio Heterogeneity and Rail Pricingmentioning
confidence: 99%
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“…Under this perspective, as long as the saturation point of PT is not reached (Kraus and Yoshida (2002)), increasing PT usage should almost always lead to a societal gain. In fact, with more individuals sharing the fixed costs of PT provision, there will be economies of scale, such as a higher frequency of vehicles in the PT network (Mohring (1972), Proost and Dender (2008)).…”
Section: Introductionmentioning
confidence: 99%