From Engineering to Economics: The interrelations between strategic design and pricing in Public Transport

Strategic design of public transport includes lines structures (network), frequencies and vehicle sizes. In this presentation the relations between these elements and the financial conditions (prices, subsidies) are established, reviewing our main findings in seventeen years of research in this area. This is first motivated by the ill-conceived re-design of the Santiago transit system from 2002 to 2007, and covers analyses of single line models (intermodal comparisons, operating strategies, sub-optimal prices, simultaneous car pricing), of travel-cards, and of the spatial structure of transit lines, where the role of patronage, spatial distribution of demand, representation of the city and perception of transfer disruption are particularly emphasized.

Date: Monday, 2 September 2019
10:00 am - 11.00 am

Venue: Department of Transport Technology and Economics
1111 Budapest, Stoczek utca 2.
Building St, Room 428.