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Title: ELASTICITY MEASURES OF BEHAVIORAL RESPONSE TO OFF-PEAK FREE-FARE TRANSIT
Accession Number: 00331050
Record Type: Component
Availability: Find a library where document is available Abstract: Changes in transit ridership behavior in response to the elimination of off-peak transit fares are examined. Empirically, the analysis is based on data collected for a one-year free-fare demonstration sponsored by the Urban Mass Transportation Administration in Trenton, New Jersey. Fare elasticity of demand is used as the measure of behavioral response. Important to the analysis is the clarification of distinctions among different measures of fare elasticity. In order to both illustrate the differences among types of elasticity and demonstrate the separate impact attributable to the choice of estimating technique, several techniques are applied and their results compared. It is concluded that the demand response to fare elimination is inelastic and that variations among individuals in the extent of response cannot be associated with differences in socioeconomic characteristics. Free fare is therefore judged not to be a direct means of fulfilling the transportation needs of socio-economically defined population groups. (Author)
Supplemental Notes: Publication of this paper sponsored by Committee on Public Transportation Planning and Development. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved.
Monograph Title: Monograph Accession #: 01411582
Authors: Doxsey, Lawrence BPagination: pp 7-14
Publication Date: 1980
Serial: Conference:
59th Annual Meeting of the Transportation Research Board
Location:
Washington District of Columbia, United States ISBN: 0309031036
Media Type: Print
Features: Figures
(1)
; References
(2)
; Tables
(2)
TRT Terms: Old TRIS Terms: Subject Areas: Economics; Finance; Highways; Planning and Forecasting; Public Transportation; Society; I10: Economics and Administration
Files: TRIS, TRB
Created Date: Oct 28 1982 12:00AM
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